Afternoon Market Losers
VeriFone Systems (NYSE: PAY) plunged 18.75% to $17.82 after the the company reported downbeat second-quarter results and issued a weak forecast.
Synta Pharmaceuticals (NASDAQ: SNTA) dropped 11.50% to $4.09 amid shorter survival benefits from GALAXY-1 Phase 2b/3 trial of ganetespid.
Rosetta Stone (NYSE: RST) down 11.42% to $15.13 after the company announced 3.5 million share secondary common stock offering.
Vera Bradley (NASDAQ: VRA) plunged 10.46% to $20.11 after the company announced the resignation of its CEO Michael Ray, in addition to a lowered fiscal year profit and sales forecast.
Ascena Retail Group (NASDAQ: ASNA) dropped 10.37% to $17.80 on lowered EPS guidance to $1.10-1.15.
Francesca's Holdings Corporation (NASDAQ: FRAN) tumbled 9.18% to $27.33 on less-than-expected Q1 results.
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