Morning Market Losers

Constant Contact Inc CTCT shares dropped 26.11 percent to $25.75 after the company reported downbeat first-quarter revenue and issued a weak earnings forecast. Credit Suisse downgraded Constant Contact from Outperform to Neutral and lowered the price target from $40.00 to $30.00. Control4 Corp CTRL slipped 20.05 percent to $9.37 on weak Q1 results. Canaccord Genuity downgraded Control4 from Buy to Hold and lowered the price target from $17.00 to $13.00. LinkedIn Corp LNKD shares dipped 18.46 percent to $205.59 after the company issued a downbeat outlook for the second quarter and full year. Bioamber Inc BIOA fell 16.84 percent to $8.74 after the company priced its underwritten registered offering of 3.9 million shares at $9.00 per share. Hutchinson Technology Incorporated HTCH declined 14.41 percent to $2.02 after the company reported a wider-than-expected Q2 loss. Tetralogic Pharmaceuticals Corp TLOG shares slipped 13.14 percent to $3.78 after the company announced a public offering of common stock. PDF Solutions, Inc. PDFS shares declined 13.06 percent to $15.71 on weaker-than-expected Q1 results. Accuray Incorporated ARAY slipped 11.92 percent to $7.16 after the company said fiscal third-quarter orders were disappointing. First Solar, Inc. FSLR fell 2.93 percent to $57.92. First Solar reported Q1 GAAP loss of $0.62 per share on revenue of $469.2 million.
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