Morning Market Losers

Euro Tech Holdings Company CLWT shares fell 16.93% to $4.17 after the company reported Ballast Water Treatment Systems update. Web.com Group WWWW shares declined 14.02% to $29.75. B Riley downgrades Web.com from Buy to Neutral. TigerLogic TIGR fell 9.40% to $1.35. TigerLogic is expected to report its Q4 financial results on June 27, 2014. KNOT Offshore Partners LP KNOP tumbled 6.72% to $27.75 after the company priced public offering of 4.6 million common units at $28.43 per unit. Elizabeth Arden RDEN tumbled 3.89% to $27.20 on restructuring news. The company announced its plans to reduce jobs and exit some retail doors. It also announced the closing of its Puerto Rico affiliate. Ctrip.com International CTRP shares slipped 3.30% to $57.13 after Stifel downgraded the stock from Buy to Hold. Shire plc SHPG fell 1.90% to $223.38 following New York Times' DealBook headline that the company has hired Goldman Sachs as an advisor. Walgreen Co WAG shares dropped 1.72% to $72.46 after the company reported weaker-than-expected fiscal third-quarter earnings. Carnival CCL shares declined 1.67% to $38.75 after the company reported its Q2 earnings of $0.10 per share and raised its forecast.