Morning Market Losers
Methode Electronics (NYSE: MEI) shares tumbled 15.42% to $29.95 after the company reported Q3 results.
ModusLink Global Solutions (NASDAQ: MLNK) shares dipped 14.19% to $4.20 after the company announced a proposed $75 million convertible senior notes offering.
Providence Service (NASDAQ: PRSC) declined 10.33% to $25.58 after the company reported weaker-than-expected results.
KiOR (NASDAQ: KIOR) dipped 7.20% to $1.16. KiOR canceled its Q4 earnings call earlier scheduled for March 13, 2014.
Delhaize Group (NYSE: DEG) shares tumbled 6.78% to $68.19 after the company reported quarterly results. Delhaize Group posted a quarterly net profit of 101 million euro, versus a year-ago net loss of 169 million euro.
Gogo (NASDAQ: GOGO) shares dropped 5.03% to $22.68 after the company announced Q4 results. Gogo posted a quarterly loss of $0.26 per share, versus analysts' estimates of a loss of $0.27 per share.
Horizon Pharma (NASDAQ: HZNP) tumbled 1.47% to $13.42 after the company reported Q4 results. Horizon Pharma posted a quarterly loss of $0.04 per share on revenue of $30.10 million. However, analysts were expecting a loss of $0.08 per share on revenue of $32.18 million.
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