Morning Market Losers

SeaWorld Entertainment SEAS slipped 24.83% to $21.16 after the company reported downbeat second-quarter results and lowered its full-year forecast. King Digital Entertainment plc KING shares dipped 23.52% to $13.92 after the company reported weak second-quarter revenue and cut its full-year forecast. Five analysts downgraded King Digital on Wednesday. Netlist NLST shares slipped 19.92% to $1.02 after the company reported a Q2 loss of $0.08 per share on revenue of $4.90 million. Rigel Pharmaceuticals RIGL shares fell 12.35% to $2.71 after the company reported that R348 failed to meet endpoints in Phase 2 dry eye study. Myriad Genetics MYGN shares tumbled 10.30% to $34.98 after the company issued a downbeat profit forecast. Eleven Biotherapeutics EBIO declined 8.44% to $11.28 after the company reported Q2 results. Cree CREE tumbled 8.07% to $45.23 after the company issued a disappointing forecast for its fiscal first quarter and reported weak FQ4 revenue. AeroCentury ACY shares dropped 7.76% to $14.02 on Q2 results. JDS Uniphase JDSU shares fell 7.39% to $11.03 after the company issued a weak first-quarter forecast. Piper Jaffray downgraded JDS Uniphase from Overweight to Neutral and lowered the price target from $14.00 to $12.00. Macy's M declined 4.43% to $57.12 after the company reported downbeat second-quarter earnings and lowered its full-year same-store sales outlook.