Morning Market Losers

Sungy Mobile GOMO shares dipped 20.58% to $8.26 after the company reported downbeat Q2 results and announced the resignation of its CFO Winston Li. Williams-Sonoma WSM shares fell 10.59% to $66.96 after the company issued a downbeat third-quarter earnings forecast. However, the company reported in-line earnings for the second quarter. Analysts at Morgan Stanley downgraded Williams-Sonoma from Overweight to Equalweight and lowered the target price from $82 to $74. Guess? GES shares slipped 8.62% to $23.43 after the company reported weaker-than-expected second-quarter results and issued a downbeat outlook. Abercrombie & Fitch Co ANF tumbled 7.64% to $40.64 after the company reported downbeat second-quarter sales. Genesco GCO declined 7.18% to $82.30 after the company reported downbeat Q2 earnings and lowered its FY14 earnings guidance. Tilly's TLYS shares dropped 4.69% to $8.12 after the company issued a weak earnings forecast for the third quarter.