Morning Market Losers

Immunomedics, Inc. IMMU tumbled 46.63 percent to $1.98 following news from the company's licensing partner UCB that Phase III trial for Epratuzumab in Lupus did not hit statistically significant results. Baidu Inc (ADR) BIDU shares slipped 14.12 percent to $169.77 after the company reported Q2 results and issued a weak sales forecast for the third quarter. CommVault Systems, Inc. CVLT shares declined 12.62 percent to $34.61 on weaker-than-expected FQ1 results. Radware Ltd. RDWR fell 12.26 percent to $17.60 after the company reported downbeat Q2 results. Amkor Technology, Inc. AMKR shares dipped 10.47 percent to $4.41 after the company reported downbeat Q2 results and issued a weak Q3 outlook. Smith Micro Software, Inc. SMSI declined 7.62 percent to $1.09. Smith Micro Software reported a Q2 adjusted loss of $0.01 per share on sales of $9.39 million. Carmike Cinemas, Inc. CKEC dropped 7.14 percent to $24.18 on downbeat Q2 earnings. AudioCodes Ltd. AUDC shares declined 3.12 percent to $2.70. AudioCodes reported a Q2 loss of $(0.01) per share on revenue of $32.405 million.