Morning Market Losers

EZchip Semiconductor Ltd EZCH shares tumbled 25.19 percent to $14.62 after the company reported upbeat Q1 results and provided an update on the status of NPS adoption. Ducommun Incorporated DCO shares slipped 17.46 percent to $25.25. Ducommun reported a Q1 loss of $2 million on revenue of $172.9 million. ResMed Inc. RMD shares declined 14.52 percent to $55.88 after the company reported that SERVE-HF, a multinational, multicenter, randomized controlled Phase III trial did not meet its primary endpoint. Vivint Solar Inc VSLR shares dropped 10.75 percent to $13.36 after the company reported financial results for the first quarter ended March 31, 2015 and issued a forecast for the second quarter. The company's non-GAAP loss before non-controlling interests and redeemable non-controlling interests came in at $0.57 per share for the latest quarter. Star Bulk Carriers Corp. SBLK shares fell 10.74 percent to $3.37 after the company announced a $150.0 million public offering of common shares. Orexigen Therapeutics, Inc. OREX shares dipped 8.09 percent to $5.45. The company terminated a cardiovascular outcomes trial of its anti-obesity drug Contravene, from which interim results were inadvertently released earlier this year. The trial is not being terminated because of a finding of superiority or harm. An additional trial is expected to be completed in 2020. Arctic Cat Inc ACAT shares declined 6.79 percent to $32.69. Arctic Cat reported a narrower-than-expected loss for the fiscal fourth quarter, but the company's sales missed analysts' estimates. The company also issued a weak forecast for the full year. AES Corp AES shares dipped 1.71 percent to $13.48 after the company announced the pricing of a 60 million share offering. Macy's, Inc. M shares declined 1.64 percent to $64.26 after the company reported downbeat Q1 earnings.