Morning Market Losers
SGOCO Group (NASDAQ: SGOC) shares declined 28.65% to $2.84 after the company reported reported preliminary Q4 earnings of $0.07 per share on revenue of $44.2 million.
BG Medicine (NASDAQ: BGMD) shares slipped 18.23% to $1.57 after the company priced 6.452 million shares at $1.55 per share.
Venaxis (NASDAQ: APPY) shares declined 10.33% to $2.43 after the company priced an offering of 8.335 million shares at $2.40 per share.
Barnes & Noble (NYSE: BKS) tumbled 9.54% to $20.00 after Liberty Media lowered its stake in Barnes & Noble.
Liquidity Services (NASDAQ: LQDT) shares dropped 8.68% to $19.05 after the company announced that it withdrew bid for rolling stock surplus contract.
VIVUS (NASDAQ: VVUS) slipped 5.99% to $5.81 after Piper Jaffray downgraded the stock from Neutral to Underweight and lowered the price target from $8.00 to $3.00.
CACI International (NYSE: CACI) shares tumbled 4.92% to $70.89 after the company its FY14 earnings forecast to $5.12 to $5.51 per share, versus its earlier outlook of $5.59 to $5.98 per share. The company also lowered its revenue outlook to $3.5 to $3.6 billion from $3.65 to $3.80 billion.
Kindred Biosciences (NYSE: KIN) dipped 2.35% to $19.49 after the company priced 3 million shares at $18 per share.
Verso Paper (NYSE: VRS) declined 1.99% to $2.96 as the company and Newpage Holdings received DoJ requests for additional information.
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