Morning Market Losers

Liberty Media LMCA declined 65.17% to $49.22 after the company announced adjustment to the conversion rate of its 1.375% cash convertible senior notes due 2023. Guanwei Recycling GPRC shares slipped 45.83% to $0.78 after the company received a notice from the Depository Trust Company. Tristate Capital Holdings TSC shares dropped 21.72% to $10.63 on Q2 results. Angie's List ANGI shares tumbled 21.24% to $8.01 after the company reported a wider-than-expected quarterly loss and issued a weak revenue forecast. Bank of America downgraded Angie's List from Buy to Neutral and lowered the price target from $16.00 to $12.00. Clearfield CLFD declined 13.52% to $13.88 on weaker-than-expected FQ3 results. Intricon IIN shares fell 11.73% to $7.15 after the company reported Q2 results. TripAdvisor TRIP dropped 9.90% to $96.74 after the company reported weaker-than-expected second-quarter profit. The Bancorp TBBK fell 9.47% to $9.84 on Q2 results. QUALCOMM QCOM shares slipped 6.80% to $76.06 after the company issued downbeat earnings forecast for the current quarter. The company reported a 42% rise in its fiscal third-quarter net income. Evercore Partners downgraded QUALCOMM from Overweight to Equal-weight and lowered the price target from $88.00 to $83.00. West Marine WMAR shares dropped 6.67% to $8.95 after the company reported downbeat Q2 results and issued a weak FY14 outlook. Sarepta Therapeutics SRPT fell 1.87% to $20.95 following an SEC filing from the company which stated the company's Senior Vice PResident and Chief Science Officer has been "terminated".
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!