Morning Market Losers

Macrocure Ltd MCUR shares tumbled 60.70 percent to $1.67 after the company reported results from a pivotal Phase 3 study of CureXcell in diabetic foot ulcers and issued a corporate update. GenMark Diagnostics, Inc GNMK shares dropped 31.37 percent to $4.66. GenMark Diagnostics reported a Q3 loss of $0.27 per share on revenue of $8.47 million. Akamai Technologies, Inc. AKAM shares dipped 19.76 percent to $60.62. Akamai Technologies reported upbeat Q3 earnings, but the company issued a weak forecast for the current quarter. JP Morgan downgraded Akamai Technologies from Overweight to Neutral and lowered the price target from $75.00 to $65.00. Saia Inc SAIA shares fell 18.53 percent to $24.45 on weak Q3 results. Intercept Pharmaceuticals Inc ICPT declined 12.48 percent to $146.72 after the company reported results of Phase 2 Trial of OCA in NASH patients in Japan. Big 5 Sporting Goods Corporation BGFV slipped 12.31 percent to $9.36 after the company reported weaker-than-expected Q3 results. Synchronoss Technologies, Inc. SNCR fell 9.92 percent to $32.83. Synchronoss Technologies reported Q3 adjusted earnings of $0.58 per share on revenue of $151.3 million. Twitter Inc TWTR dropped 9.83 percent to $28.26. Twitter reported better-than-expected earnings for the third quarter, but the company issued a weak revenue forecast. Walgreens Boots Alliance Inc WBA shares declined 7.03 percent to $88.47. Walgreens Boots Alliance reported better-than-expected earnings for its fiscal fourth quarter and announced plans to buy Rite Aid Corp. RAD for a total enterprise value of around $17.2 billion. Cummins Inc. CMI shares fell 1.99 percent to $100.31. Baird downgraded Cummins from Outperform to Neutral and lowered the price target from $162.00 to $118.00.