Morning Market Losers

Sears Hometown and Outlet Stores, Inc. SHOS shares dipped 21.54% to $10.20 after the company posted a loss for the fourth quarter. The company posted a quarterly loss of $4.63 million, or $0.20 per share, versus a year-ago profit of $3.72 million, or $0.16 per share. Galena Biopharma Inc GALE shares fell 19.36% to $1.40 after the company priced 24.4 million units at $1.56 per unit. TearLab Corporation TEAR slipped 15.95% to $2.53 after the company posted a Q4 net loss of around $6.9 million, or $0.21 per share, versus a year-ago net loss of $4.2 million, or $0.13 per share. Aéropostale, Inc. ARO shares tumbled 13.51% to $3.20. Aéropostale reported a surprise adjusted profit for the fourth quarter, but the company issued a weak forecast for the first quarter. Towerstream Corporation TWER slipped 12.62% to $1.87 after the company reported 2014 financial results and corporate update. eMagin Corp. EMAN shares fell 12.26% to $2.72 after the company announced financial results and corporate highlights Thursday for the fourth quarter and full year ended December 31, 2014. The company posted a quarterly net loss of $1.6 million, or $(0.07) per diluted share, above the estimated loss of $(0.03) and lower than the net loss of $8.7 million, or $(0.37) per diluted share, for the fourth quarter last year. Ignite Restaurant Group, Inc. IRG shares declined 10.70% to $6.93 after the company reported a Q4 loss of $0.25 per share on revenue of $177.3 million. Citi Trends, Inc. CTRN dropped 9.69% to $23.87. Citi Trends reported stronger-than-expected results for the fourth quarter. Citi Trends announced the retirement of Ed Anderson as CEO, effective March 21, 2015. The company named Jason Mazzola as new President and CEO. Zumiez, Inc. ZUMZ shares slipped 4.90% to $38.00. Zumiez reported better-than-expected earnings for the fourth quarter. However, the company issued a downbeat outlook for the first quarter. Medifast Inc. MED shares fell 4.68% to $29.66 on a disappointing fourth-quarter report from the weight-loss company. West Corporation WSTC shares fell 1.95% to $30.67 after the company priced 11,000,000 shares of common stock by certain of its existing stockholders at $30.75 per share.
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!