Morning Market Losers

Pulse Electronics PULS shares dipped 23.57% to $1.73 after the company announced an initiative to reduce costs through voluntary NYSE delisting and SEC deregistration. AcelRx Pharmaceuticals ACRX shares tumbled 17.86% to $5.52 after the company offered a regulatory update for Zalviso. Finish Line FINL shares dropped 10.30% to $26.38 after the company reported downbeat second-quarter results. Powell Industries POWL shares fell 9.17% to $45.16 after the company lowered its FY14 outlook. GlycoMimetics GLYC slipped 8.87% to $7.50 after the company announced a delay in the initiation of the Phase 3 trial with rivipansel. Philip Morris International PM slipped 1.03% to $82.84. Analysts at Bank of America downgraded Philip Morris International from Buy to Neutral and lowered the target price to $87.