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Morning Market Losers
Thursday, July 17, 2014 - 8:52am | 195Uranerz Energy (NYSE: URZ) shares dipped 13.38% to $1.23 after the company announced a $10 million financing. SanDisk (NASDAQ: SNDK) shares tumbled 11.30% to $95.64 after the company issued a downbeat current-quarter revenue outlook. SanDisk reported its Q2 earnings of $1.41 per share on revenue of...
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Benzinga's Top #PreMarket Losers
Thursday, July 17, 2014 - 7:16am | 140Mattel (NASDAQ: MAT) dropped 9.12% to $35.47 in pre-market trading after the company reported a drop in its second-quarter earnings. Mattel's quarterly profit fell to $28.3 million, or $0.08 per share, versus a year-ago profit of $73.3 million, or $0.21 per share. SanDisk (NASDAQ: SNDK) dipped 8....
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Morning Market Losers
Wednesday, July 16, 2014 - 8:54am | 275Interactive Intelligence Group (NASDAQ: ININ) shares tumbled 17.71% to $41.13 as the company warned that Q2 results will be below expectations. BioAmber (NYSE: BIOA) declined 15.97% to $11.94 after the company announced the pricing of $33.6 million registered offering. DGSE Companies (NYSE: DGSE)...
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Benzinga's Top #PreMarket Losers
Wednesday, July 16, 2014 - 7:20am | 133BlackBerry (NASDAQ: BBRY) dropped 4.96% to $10.74 in pre-market trading on Apple-IBM news. Ares Capital (NASDAQ: ARCC) dipped 2.87% to $16.90 in pre-market trading after the company announced a public offering of 11.85 million shares of its common stock. ASML Holding NV (NASDAQ: ASML) fell 2.31% to...
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Morning Market Losers
Tuesday, July 15, 2014 - 8:55am | 180Ocean Power Technologies (NASDAQ: OPTT) shares dropped 25.56% to $1.14. Form 8-K from Ocean Power Tech showed that Unit Victorian Wave Partners has terminated funding deed. Lorillard (NYSE: LO) shares slipped 7.07% to $62.47 after Reynolds American (NYSE: RAI) agreed to acquire Lorillard in a cash-...
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Benzinga's Top #PreMarket Losers
Tuesday, July 15, 2014 - 7:22am | 120Lorillard (NYSE: LO) dropped 6.01% to $63.18 in pre-market trading after Reynolds American (NYSE: RAI) agreed to acquire Lorillard in a cash-and-stock transaction valued at $27.4 billion, including the assumption of net debt. Tuniu (NASDAQ: TOUR) dipped 5% to $17.87 in pre-market trading after...
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Morning Market Losers
Monday, July 14, 2014 - 8:49am | 227Harmonic (NASDAQ: HLIT) shares slipped 11.22% to $6.33 after the company lowered its Q2 forecast and issued a weak Q3 guidance. The Female Health Company (NASDAQ: FHCO) dropped 9.50% to $5.05 after the company announced its plans to suspend dividend. The company is also planning to raise investment...
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Benzinga's Top #PreMarket Losers
Monday, July 14, 2014 - 7:16am | 113GT Advanced Technologies (NASDAQ: GTAT) dropped 7.66% to $14.82 in pre-market trading. The decline in the stock may be attributed to cautious comments by CLSA. AbbVie (NYSE: ABBV) shares declined 1.93% to $53.90 in pre-market trading after Shire (NASDAQ: SHPG) confirmed a £53.20 per share offer...
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Morning Market Losers
Friday, July 11, 2014 - 8:49am | 296Kofax (NASDAQ: KFX) shares declined 13.30% to $7.01 after the company reported selected preliminary unaudited results for FY14. Kofax expected FY14 sales of $295.0 million to $298.0 million. Isle of Capri Casinos (NASDAQ: ISLE) shares dipped 11.84% to $8.86 on management shake-up news. The company...
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Benzinga's Top #PreMarket Losers
Friday, July 11, 2014 - 7:19am | 127Rent-A-Center (NASDAQ: RCII) dropped 11.70% to $25.66 in pre-market trading after the company issued a downbeat guidance for the second quarter. The company expected adjusted earnings of $0.36 to $0.38 per share on revenue of around $773 million. Radian Group (NYSE: RDN) shares declined 7.22% to $...
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Morning Market Losers
Thursday, July 10, 2014 - 8:51am | 379Sarepta Therapeutics (NASDAQ: SRPT) fell 25.03% to $19.41 after the company offered long-term outcomes through 144 weeks from Phase IIb study of eteplirsen in DMD. Potbelly (NASDAQ: PBPB) dropped 20.74% to $11.61 after the company warned it will miss Q2 expectations by a wide margin. Lumber...
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Benzinga's Top #PreMarket Losers
Thursday, July 10, 2014 - 7:20am | 150Lumber Liquidators Holdings (NYSE: LL) dropped 20.49% to $55.99 in pre-market trading after the company lowered its earnings forecast for the year. Jefferies downgraded the stock from Buy to Hold and cut the price target from $115.00 to $57.00. Potbelly (NASDAQ: PBPB) shares declined 16.72% to $12....
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Morning Market Losers
Wednesday, July 9, 2014 - 8:51am | 168Gigamon (NYSE: GIMO) slipped 33.11% to $12.16 after the company warned that second-quarter revenue will fail to meet expectations. Goldman Sachs downgraded Gigamon from Buy to Neutral and lowered the target price from $29 to $14. The Container Store Group (NYSE: TCS) shares declined 13.15% to $23....
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Benzinga's Top #PreMarket Losers
Wednesday, July 9, 2014 - 7:11am | 128Gigamon (NYSE: GIMO) shares declined 30.47% to $12.64 in pre-market trading after the company warned that second-quarter revenue will fail to meet expectations. Goldman Sachs downgraded Gigamon from Buy to Neutral and lowered the target price from $29 to $14. The Container Store Group (NYSE: TCS)...
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Morning Market Losers
Tuesday, July 8, 2014 - 8:45am | 217Actions Semiconductor Co (NASDAQ: ACTS) shares declined 16.39% to $1.99 after the company lowered its Q2 revenue forecast. IntelliPharmaCeutics International (NASDAQ: IPCI) shares fell 14.36% to $3.34 on Q2 results. IntelliPharmaCeutics posted a loss from operations of $3.1 million, versus a loss...