Top Losers August 28th


Thursdays Top Losers

 

Sungy Mobile Ltd. GOMO -18.5% - On Thursday Oppenheimer downgraded shares of Sungy Mobile to Perform.

Frontline Ltd. FRO -13% - Shares drop following earnings miss, company’s board stated,”may not be able to generate enough cash from operations to repay a $190 million convertible bond loan.”

Williams-Sonoma Inc. WSM -11.8% - Shares of Williams-Sonoma drop after the company released earnings Wednesday after hours. The drop in share price is likely attributed to the downbeat third-quarter earnings forecasts.

Guess Inc. GES -8.8% - Guess reported earnings after the close Wednesday missing analysts estimates on both top and bottom line.

Genesco GCO - 7.5% - Genesco released earnings pre-market on Thursday missing EPS estimates by 38%, reporting EPS of $0.34 versus $0.55 estimates. The company also lowered FY2014 guidance from $5.40-5.55 to $5.10-5.20 vs $5.47 analyst estimate.

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