Market Overview

Morning Market Losers

Share:
Related FRAN
A Peek Into The Markets: U.S. Stock Futures Drop Ahead Of Jobless Claims, Wholesale Inventories Data
Must Watch Stocks for June 9, 2016
Solid gains for apparel store stocks (Seeking Alpha)
Related RSH
RadioShack Offers Statement Related to Stock Price, Trading Volume
RadioShack-Sprint Deal Sends Mixed Messages, Could Confuse Customers

Francesca's Holdings (NASDAQ: FRAN) shares declined 11.39% to $13.54 after the company reported downbeat Q1 results and issued a weak outlook.

RadioShack (NYSE: RSH) shares slipped 6.12% to $1.45 after the company reported a wider-than-expected first-quarter loss. RadioShack posted a quarterly net loss of $98.3 million, or $0.97 per share, versus s year-ago loss of $28 million, or $0.28 per share.

B/E Aerospace (NASDAQ: BEAV) dropped 3.90% to $95.02 after the company announced its plans to split into two companies. The company also lifted its FY14 earnings guidance.

Casey's General Stores (NASDAQ: CASY) declined 3.85% to $71.89 after the company reported a drop in its fiscal fourth-quarter earnings. The company posted its quarterly earnings of $0.59 per share on revenue of $1.92 billion. However, analysts were estimating earnings of $0.53 per share on revenue of $1.92 billion.

Dendreon (NASDAQ: DNDN) shares fell 3.26% to $2.08. Dendreon's President and CEO John Johnson will step down for personal reasons.

The Wendy's Company (NASDAQ: WEN) fell 2.49% to $8.23. Argus Research downgraded Wendy's from Buy to Hold and removed the price target of $12.00.

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

 

Related Articles (BEAV + CASY)

View Comments and Join the Discussion!