Market Overview

Morning Market Losers

Related ENSG
The Ensign Group Acquires Two Arizona Skilled Nursing Facilities
US Stock Futures Tumble, China's Shanghai Plunges 8.5%
Related ZQK
Wednesday's After-Hours Movers: Quiksilver, Box, Krispy Kreme, Palo Alto And Con-way
Quiksilver U.S. Launches Pre-Arranged Chapter 11 Restructuring

The Ensign Group (NASDAQ: ENSG) tumbled 41.85% to $27.64 after the company announced the completion of spin-off of CareTrust REIT and acquired two skilled nursing facilities in Colorado and Washington.

Quiksilver (NYSE: ZQK) shares dropped 39.98% to $3.48 after the company posted a loss in the fiscal second quarter and issued a weak forecast. Quiksilver posted an adjusted loss of $0.15 per share on revenue of $408 million. However, analysts were expecting a loss of $0.02 per share on revenue of $449 million. Analysts at Stifel Nicolaus downgraded Quiksilver from Buy to Hold.

Theravance (NASDAQ: THRX) slipped 21.38% to $22.53. Theravance and Theravance Biopharma announced the completion of separation of late-stage partnered respiratory assets from biopharmaceutical operations.

Speed Commerce (NASDAQ: SPDC) shares dropped 12.71% to $3.09 after the company announced a $10 million private offering.

Advanced Energy Industries (NASDAQ: AEIS) slipped 12% to $16.72 after the company reported that its CEO Garry Rogerson has decided to step down from his role. Needham downgraded Advanced Energy Industries from Buy to Hold.

Krispy Kreme Doughnuts (NYSE: KKD) declined 11.95% to $16.73 after the company reported weaker-than-expected first-quarter revenue and cut its FY15 outlook. Krispy Kreme posted its adjusted earnings of $0.23 per share on revenue of $121.6 million.

Clovis Oncology (NASDAQ: CLVS) shares fell 9.53% to $43.20 after falling 6.76% on Monday. Citigroup downgraded Clovis Oncologyfrom Buy to Neutral.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets


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