Afternoon Market Losers

by Sam Liu, Benzinga Staff Writer

June 6, 2013 3:09 PM | 1 min read | Make a Comment

VeriFone Systems PAY

plunged 18.75% to $17.82 after the the company reported downbeat second-quarter results and issued a weak forecast.

Synta Pharmaceuticals SNTA

dropped 11.50% to $4.09 amid shorter survival benefits from GALAXY-1 Phase 2b/3 trial of ganetespid.

Rosetta Stone RST

down 11.42% to $15.13 after the company announced 3.5 million share secondary common stock offering.

Vera Bradley 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 ASNA

dropped 10.37% to $17.80 on lowered EPS guidance to $1.10-1.15.

Francesca's Holdings Corporation FRAN

tumbled 9.18% to $27.33 on less-than-expected Q1 results.

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