Market Overview

Morning Market Losers

Related ENSG
Wells Fargo Upgrades Ensign Group To Outperform
Benzinga's Top Upgrades
Related ZQK
B.Riley Upgrades Quiksilver To Buy
Benzinga's Top Upgrades

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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