Morning Market Losers

Alexco Resource AXU shares slipped 16.81% to $1.04 after the company announced a C$5 Million equity financing. Merit Medical Systems MMSI fell 15.67% to $12.43 after the company reported downbeat quarterly results and issued a weak FY14 forecast. Destination Maternity DEST dropped 15.57% to $19.04 after the company reported weaker-than-expected Q3 results and issued a downbeat FY14 forecast. DreamWorks Animation SKG DWA shares declined 13.66% to $19.56 after the company posted a wider-than-expected loss on revenue below analysts' consensus. Nutrisystem NTRI fell 12.65% to $15.67 after the company reported quarterly results and issued outlook for the third quarter. United Insurance Holdings UIHC shares dropped 11.38% to $15.49 on Q2 results. Buffalo Wild Wings BWLD shares tumbled 11.42% to $148.06 despite the company beating Q2 expectations and raising its 2014 outlook. Wunderlich Securities analyst Robert M. Derrington lowered the price target on the stock from $180.00 to $170.00. Big 5 Sporting Goods BGFV shares declined 10.86% to $10.10 on weaker-than-expected Q2 earnings. Applied Micro Circuits AMCC dropped 7.03% to $8.99 on quarterly results.