Morning Market Losers

SunLink Health Systems, Inc. SSY shares fell 29.63 percent to $0.950. On Monday, SunLink Health Systems reported a Q1 loss of $0.16 per share on sales of $20.472 million. Osiris Therapeutics, Inc. OSIR dipped 21.19 percent to $11.02. Brean Capital downgraded Osiris Therapeutics from Hold to Sell, while establishing a price target of $8. Sophiris Bio Inc SPHS shares dropped 15.02 percent to $1.98. Sophiris Bio reported a Q3 loss of $0.22 per share. Dicks Sporting Goods Inc DKS shares tumbled 15.49 percent to $34.49 after the company reported weaker-than-expected earnings for the third quarter and issued a weak forecast. China Advanced Constructn Mtrls Grp Inc CADC fell 14.71 percent to $2.32. China Advanced Construction reported a Q1 loss of $0.50 per share on revenue of $13.5 million. Urban Outfitters, Inc. URBN slipped 13.96 percent to $19.50 after the company reported downbeat sales for the third quarter. However, the company reported in-line quarterly earnings. Oconee Federal Financial OFED shares fell 12.70 percent to $16.50. Oconee Federal Financial posted FQ1 earnings of $0.25 per share on revenue of $5.1 million. Clovis Oncology Inc CLVS shares declined 10.27 percent to $27.14 after dropping 69.59 percent on Monday. Goldman Sachs downgraded Clovis Oncology from Buy to Neutral and lowered the price target from $123.00 to $23.00. athenahealth, Inc ATHN shares fell 4.99 percent to $154.84. Barclays downgraded AthenaHealth from Equal-weight to Underweight and lowered the price target from $140.00 to $110.00. Angie's List Inc ANGI shares dropped 3.97 percent to $9.44 after the company reported that its board has unanimously determined not to pursue the IAC/InterActiveCorp IACI proposal.
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