Morning Market Losers

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Akers Biosciences Inc AKER shares dipped 29.37 percent to $2.67. Akers Biosciences posted a Q2 loss before income tax of $2,086,229, on revenue of $966,922. Aegean Marine Petroleum Network Inc. ANW tumbled 13.33 percent to $9.75 after the company reported downbeat Q2 earnings. SFX Entertainment Inc SFXE shares declined 12.02 percent to $1.17. Stifel analyst Benjamin E. Mogil downgraded the rating on SFX Entertainment from Hold to Sell, with a price target of $1. Amira Nature Foods Ltd ANFI dropped 10.24 percent to $6.75. BMO Capital downgraded Amira Nature Foods from Outperform to Market Perform. Vera Bradley, Inc. VRA fell 8.95 percent to $9.97. Jefferies downgraded Vera Bradley from Buy to Hold and lowered the price target from $18.00 to $11.00. JD.Com Inc(ADR) JD shares slipped 4.13 percent to $26.20 after falling 2.81 percent on Monday. Urban Outfitters, Inc. URBN shares dropped 2.85 percent to $31.31. Urban Outfitters reported better-than-expected earnings for the second quarter, but the company's sales missed analysts' estimates. SanDisk Corporation SNDK shares dropped 2.49 percent to $56.75. Bank of America downgraded SanDisk from Buy to Underperform and lowered the price target from $75.00 to $40.00.
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