Morning Market Losers

Quest Resource Holding QRHC declined 44.40% to $1.95 after the company priced $18.0 million underwritten public offering of 9 million shares at $1.99 per share. CARBO Ceramics CRR shares fell 7.34% to $87.00. Goldman Sachs downgraded Carbo Ceramics from Neutral to Sell and lowered the price target from $104.00 to $71.00. Red Hat RHT shares tumbled 4.38% to $58.00. Red Hat reported better-than-expected second-quarter results and raised its FY15 forecast. SAP SE SAP shares slipped 3.85% to $74.37 after the company's subsidiary, SAP America, announced its plans to buy Concur Technologies CNQR for $129 per share. Oracle ORCL shares dipped 3.44% to $40.12 after the company reported downbeat fiscal first-quarter results and unexpectedly shuffled its top management. Founder Lawrence J. Ellison stepped aside as CEO and will serve as company's chairman, while presidents Safra A. Catz and Mark V. Hurd were named co-chief executives. The company also boosted its existing buyback program by an additional $13 billion. Analysts at Deutsche Bank downgraded Oracle from Buy to Hold and lowered the target price from $48 to $42. TIBCO Software TIBX shares fell 3.28% to $20.11 after the company reported weaker-than-expected third-quarter results and issued a downbeat Q4 forecast. Tokai Pharmaceuticals TKAI shares declined 2.38% to $19.30 after falling 16.79% on Thursday. Glu Mobile GLUU shares dropped 2.26% to $5.20 after the company announced its plans to sell up to 9.98 million shares though selling holders in an SEC filing..