Morning Market Losers

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KaloBios Pharmaceuticals, Inc. KBIO shares dipped 66.67% to $0.61 after the company reported top-line data from phase 2 study of KB001-A. LiqTech International, Inc. LIQT shares fell 32.71% to $0.72. LiqTech International said it is expecting Q4 sales and net earnings below expectations: LiqTech also reported that it has received a $2.4 million order. Meru Networks, Inc. MERU shares dropped 8.86% to $3.37 after the company lowered its Q4 sales forecast. The company also reported a restructuring and cost reduction program, and retained Deutsche Bank to explore strategic options. RPM International Inc. RPM shares declined 6.40% to $45.94 after the company reported results for its fiscal 2015 second quarter and lowered its earnings forecast. The Medicines Company MDCO slipped 5.62% to $23.85. The company filed an 8-K expecting FY14 sales to be at lower end of range. Karyopharm Therapeutics, Inc. KPTI fell 3.89% to $32.17 after the company priced 3 million share offering at $33.00 per share. Micron Technology, Inc. MU shares slipped 2.30% to $32.12 after the company reported downbeat quarterly revenue and issued a weak revenue forecast for the second quarter.
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