Morning Market Losers

Cree CREE shares declined 13.72% to $34.19 after the company announced preliminary financial results for the first quarter. Park Electrochemical PKE shares slipped 11.62% to $20.54 after the company reported Q2 results. Wi-Lan WILN shares declined 8.59% to $3.21 after the company offered a litigation update. The company announced that a judge in Apple AAPL case granted Apple motion for summary judgment. The company is reviewing the ruling with trial counsel. China Green Agriculture CGA fell 7.04% to $2.09 after the company announced private placement and also rejected short's allegations. NewLink Genetics NLNK dropped 3.52% to $22.14 after rising 7.14% on Wednesday. NewLink Genetics appointed Jack Henneman as Chief Financial Officer. Constellation Brands STZ shares declined 1.98% to $83.57 after the company reported downbeat Q2 results.