Morning Market Losers

Kindred Biosciences KIN shares dipped 28.36% to $10.18 after the company reported that its pivotal field study (KB010) of CereKin did not meet its primary endpoint. Ampio Pharmaceuticals AMPE shares fell 19.84% to $5.98 after the company reported that the release of data will be delayed. The company also reported that the FDA has agreed to analyze the Step trial as supportive data for BLA. Kirkland's KIRK shares tumbled 8.64% to $17.34 after the company reported Q2 results and named current CFO W. Michael Madden as its President and COO. Stage Stores SSI dropped 6.92% to $17.22 after the company reported downbeat Q2 results and lowered its FY15 forecast. 58.com WUBA shares declined 6.83% to $47.13 after the company reported Q2 adjusted earnings of $0.15 per share on revenue of $64.60 million. Motorcar Parts of America MPAA shares dropped 6.51% to $25.70 after the company announced a proposed public offering of 2 million shares of common stock. Cyberonics CYBX fell 6.20% to $58.21 on downbeat quarterly results. Sears Holdings SHLD shares slipped 5.56% to $33.95 after the company posted a wider loss for the second quarter.