Morning Market Losers

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Silicom SILC shares declined 23.17% to $29.98 after the company reported weaker-than-expected Q2 results. New Oriental Education & Technology Group EDU shares slipped 12.02% to $21.29 after the company issued downbeat Q1 revenue forecast. Del Frisco's Restaurant Group DFRG dropped 11.10% to $22.43 after the company reported downbeat Q2 results and lowered its FY14 earnings forecast. MELA Sciences MELA shares slipped 11.03% to $2.50 after the company announced a $27.3 million private placement with preferred stock, debentures and warrants. Iteris ITI shares fell 8.73% to $1.73 after the company announced the receipt of notice of noncompliance with NYSE MKT listing standards. CymaBay Therapeutics CBAY shares slipped 7.87% to $5.50 after the company priced public offering of 4,000,000 shares at $5.50 per share. Pretium Resources PVG declined 7.73% to $7.28 after the company filed to sell $60 million in common stock. Sonic Automotive SAH tumbled 7.67% to $24.18 after the company reported Q2 earnings of $0.44 per share. Harley-Davidson HOG shares dropped 5.35% to $63.49 after the company cut its motorcycle shipments forecast for the full year. However, the company reported upbeat quarterly earnings. The Travelers Companies TRV shares fell 3.88% to $91.56 after the company reported downbeat Q2 earnings. Kimberly-Clark KMB slipped 2.36% to $109.66 after the company reported weaker-than-expected second-quarter earnings and narrowed its FY14 earnings guidance. Amazon.com AMZN shares fell 0.71% to $357.21. Citigroup downgraded Amazon.com from Buy to Neutral.
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