Morning Market Losers

Hercules Offshore, Inc. HERO tumbled 62.65 percent to $0.249 following Wednesday's announcement of restructuring with debt holders. Organovo Holdings Inc ONVO slipped 13.65 percent to $4.49 after the company priced a $40 million public offering of common stock. Noranda Aluminum Holding Corp. NOR shares declined 11.38 percent to $1.09 after the company announced its plans to evaluate strategic alternatives. Oracle Corporation ORCL shares dropped 7.89 percent to $41.37 after the company reported weaker-than-expected results for its fiscal fourth quarter. Supercom Ltd SPCB shares dipped 7.82 percent to $12.50 after the company priced 2.1 million shares at $12 per share. Jabil Circuit, Inc. JBL shares fell 7.11 percent to $22.60 after the company reported downbeat revenue for its fiscal third quarter and issued a weak revenue guidance for the current quarter. Famous Dave's of America, Inc. DAVE shares dropped 6.34 percent to $19.50 after the company reported that its CEO Ed Rensi is stepping down, effective immediately. Rite Aid Corporation RAD shares slipped 5.72 percent to $8.41 after the company reported results for its fiscal first quarter and lowered its profit forecast for the full year. Southwest Airlines Co LUV shares dropped 1.27 percent to $33.41. Barclays downgraded Southwest to Underweight.