Morning Market Losers

Vince Holding VNCE shares fell 13.93% to $31.43. Vince reported better-than-expected earnings for the third quarter. Envivio ENVI shares slipped 10.32% to $1.39 after the company reported a Q3 loss of $0.15 per share on revenue of $8.96 million. Quidel QDEL declined 8.43% to $25.08 after the company announced a proposed offering of $150 million of convertible senior notes due 2020. Iao Kun Group Holding Company IKGH shares fell 8.14% to $1.58. Stifel Nicolaus lowered the price target on the stock from $4.00 to $3.00. On Monday, Iao Kun Group posted a Q3 net loss of $12.2 million, versus a year-ago net income of $6.9 million. Randgold Resources GOLD shares dropped 3.46% to $66.44 after rising 6.40% on Monday. National Health Investors NHI shares declined 2.92% to $64.54 after the company priced an offering of 3.85 million shares at $63.80 per share. Newmont Mining NEM shares slipped 2.34% to $19.20 after gaining 6.85% on Monday. Strategic Hotels & Resorts BEE fell 1.61% to $12.82 after the company priced 20 million shares for total estimated gross proceeds of $254 million. Apple AAPL shares declined 1.35% to $113.51 after falling 3.25% on Monday. Canaccord Genuity maintained Apple with a Buy and raised the price target from $120.00 to $135.00.