Morning Market Losers

The Ensign Group ENSG tumbled 41.85% to $27.64 after the company announced the completion of spin-off of CareTrust REIT and acquired two skilled nursing facilities in Colorado and Washington. Quiksilver ZQK shares dropped 39.98% to $3.48 after the company posted a loss in the fiscal second quarter and issued a weak forecast. Quiksilver posted an adjusted loss of $0.15 per share on revenue of $408 million. However, analysts were expecting a loss of $0.02 per share on revenue of $449 million. Analysts at Stifel Nicolaus downgraded Quiksilver from Buy to Hold. Theravance THRX slipped 21.38% to $22.53. Theravance and Theravance Biopharma announced the completion of separation of late-stage partnered respiratory assets from biopharmaceutical operations. Speed Commerce SPDC shares dropped 12.71% to $3.09 after the company announced a $10 million private offering. Advanced Energy Industries AEIS slipped 12% to $16.72 after the company reported that its CEO Garry Rogerson has decided to step down from his role. Needham downgraded Advanced Energy Industries from Buy to Hold. Krispy Kreme Doughnuts KKD declined 11.95% to $16.73 after the company reported weaker-than-expected first-quarter revenue and cut its FY15 outlook. Krispy Kreme posted its adjusted earnings of $0.23 per share on revenue of $121.6 million. Clovis Oncology CLVS shares fell 9.53% to $43.20 after falling 6.76% on Monday. Citigroup downgraded Clovis Oncologyfrom Buy to Neutral.