Morning Market Losers

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Sonic Foundry SOFO shares dipped 20.77% to $8.01 on Q4 results. Emerald Oil EOX fell 18.75% to $1.04. Emerald Oil named Mike Dickinson as COO and lowered Q4 average production forecast to 3,300 BOEPD. Caesars Entertainment CZR shares declined 12.58% to $12.99. Dow Jones reported that Caesars has reached a tentative debt-restructuring agreement for largest unit with senior bondholders, according to sources. Goodrich Petroleum GDP slipped 8.92% to $3.88. Analysts at JP Morgan downgraded Goodrich Petroleum from Overweight to Underweight and removed the price target of $27. MOMO MOMO shares tumbled 6.23% to $15.96 after surging 26.07% on Thursday. Linn Energy, LLC LINE shares dropped 5.40% to $12.61 after rising 1.14% on Thursday. Breitburn Energy Partners L.P. BBEP shares declined 3.98% to $8.44 fter dropping 8.63% on Thursday. Analysts at Wunderlich downgraded BreitBurn Energy Partners from Buy to Hold and lowered the price target from $20 to $9. Energy XXI EXXI dropped 3.17% to $2.75 after declining 1.39% on Thursday.
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