Morning Market Losers

Vera Bradley, Inc. VRA shares dipped 12.02 percent to $12.44 after the company reported weaker-than-expected results for the first quarter and issued a weak forecast. Ocean Rig UDW Inc ORIG shares fell 10.94 percent to $7.20 after the company announced an offering of common stock. Clean Diesel Technologies, Inc. CDTI shares dropped 10.72 percent to $2.25. Clean Diesel Technologies announced its plans to raise approximately $5.1 million and reported that the enrollment is complete in its CPX-351 Phase 2 study. CDTi and AP Exhaust Partner announced plans to commercialize next-generation catalysts. Violin Memory Inc VMEM shares slipped 8.86 percent to $2.88 after the company reported weak Q1 results and issued a downbeat Q2 sales forecast. AVEO Pharmaceuticals, Inc. AVEO shares fell 5.49 percent to $2.24 after gaining 3.95 percent on Tuesday. Ferrellgas Partners, L.P. FGP shares dipped 5.10 percent to $22.32 after the company priced an offering of 6,325,000 common units at $23.00 per unit. Groupon Inc GRPN shares fell 2.72 percent to $5.87 after the company reported that its CFO Jason Child will step down at the end of July. The company named Rich Williams as Chief Operating Officer. Groupon announced a $200 million increase in buyback plan and affirmed its FY15 guidance. American Airlines Group Inc AAL shares dropped 1.59 percent to $43.08. Bank of America downgraded American Airlines from Buy to Neutral and lowered the price target from $64.00 to $50.00. NuVasive, Inc. NUVA shares slipped 1.22 percent to $49.43. Goldman Sachs downgraded NuVasive from Buy to Neutral.