Morning Market Losers

Acme United ACU dropped 8.57% to $16.00. On Thursday, Acme United posted a quarterly net income of $368,000 or $0.11 per share. Moneygram International MGI dipped 7.93% to $13.64. JMP Securities downgrades Moneygram from Market Outperform to Market Perform. Walter Energy WLT shares declined 7.84% to $7.29. Analysts at Goldman Sachs downgraded Walter Energy from Neutral to Sell and lowered the target price from $9 to $5. Walter Energy is expected to release its Q1 results on May 1, 2014. Acacia Research ACTG shares declined 5.86% to $16.06 after the company reported weaker-than-expected Q1 results. athenahealth ATHN shares slipped 5.80% to $137.13 after the company reported downbeat quarterly results. Morgan Stanley analyst Ricky R. Goldwasser removed the $133.00 price target on athenahealth.