Morning Market Losers

Perseon Corp PRSN tumbled 40 percent to $0.60 after the company announced the pricing of $5.2 million public offering and listing of warrants on the NASDAQ. Penn Virginia Corporation PVA shares dipped 25.62 percent to $1.51 after the company reported Q2 product sales of $118 million and GAAP loss of $1.19 per share. Penn Virginia also lowered its FY15 product revenue forecast. ITT Educational Services, Inc. ESI shares slipped 23.28 percent to $4.35. ITT Educational Services reported Q2 earnings of $0.03 per share on revenue of $214.231 million. Investment Technology Group ITG shares declined 22.92 percent to $18.50 after the company issued a weak Q2 earnings forecast. The company projected a probable settlement with the SEC and announced the resignation of Kevin O'Hara from board. LinnCo LLC LNCO shares dipped 21.46 percent to $4.90 after the company reported Q2 financial results and announced intent to recommend suspension of dividend. Foundation Medicine Inc FMI fell 19.45 percent to $23.60. Foundation Medicine reported a Q2 loss of $0.98 per share on sales of $22.5 million. The company also issued a weak FY15 sales outlook. Linn Energy LLC LINE shares dropped 16.80 percent to $5.38. Linn Energy reports Q2 GAAP earnings of $1.12 per share on sales of $322 million. The company also announced its intent to recommend suspension of distribution and repurchase around $599 million of senior notes at a 35 percent discount. Stratasys, Ltd. SSYS shares declined 16.42 percent to $30.50. Stratasys reported Q2 adjusted earnings of $0.15 per share on revenue of $182.3 million. The company expected FY15 earnings of $0.03 to $0.13 per share on revenue of $175 million to $190 million. Qorvo Inc QRVO shares fell 12.84 percent to $61.42 after the company issued a weak Q3 forecast. Whole Foods Market, Inc. WFM slipped 10.90 percent to $36.37 after the company reported downbeat earnings for its fiscal third quarter and issued a weak forecast.