Market Overview

Morning Market Losers

Baird Upgrades Sarepta Therapeutics After Positive Signal That FDA Is Ready To Review
Benzinga's Top Upgrades
Steven Cohen Keeps on Buying Biotechnological Companies (GuruFocus)
Morning Market Losers
Benzinga's Top #PreMarket Losers
Potbelly's (PBPB) CEO Aylwin Lewis on Q1 2015 Results - Earnings Call Transcript (Seeking Alpha)

Sarepta Therapeutics (NASDAQ: SRPT) fell 25.03% to $19.41 after the company offered long-term outcomes through 144 weeks from Phase IIb study of eteplirsen in DMD.

Potbelly (NASDAQ: PBPB) dropped 20.74% to $11.61 after the company warned it will miss Q2 expectations by a wide margin.

Lumber Liquidators Holdings (NYSE: LL) shares declined 19.51% to $56.68 after the company lowered its earnings forecast for the year. Jefferies downgraded the stock from Buy to Hold and cut the price target from $115.00 to $57.00.

China XD Plastics Co (NASDAQ: CXDC) shares declined 16.34% to $6.40.

Ocera Therapeutics (NASDAQ: OCRX) declined 15.71% to $6.01 after the company priced 4,200,000 shares at a price of $6.00 per share

Destination Maternity (NASDAQ: DEST) slipped 11.43% to $21.97 after the company reported a 5.3% drop in its Q3 same-store sales.

Leading Brands (NASDAQ: LBIX) shares dropped 10.69% to $4.26 after the company reported its Q1 earnings of $0.06 per share on revenue of $3.90 million.

CGG (NYSE: CGG) shares fell 8.48% to $12.08 after the company provided its vessel utilization and its fleet allocation updates for the second quarter.

WD-40 Company (NASDAQ: WDFC) shares declined 7.37% to $70.50 after the company reported weaker-than-expected third-quarter results.

Memorial Production Partners LP (NASDAQ: MEMP) shares dipped 6.69% to $22.32 after the company announced a public offering of 8.6 million common units.

Tractor Supply Company (NASDAQ: TSCO) shares slipped 6.26% to $57.54 after the company issued a second-quarter profit warning. The company projected earnings of $0.94 to $0.95 per share on sales of $1.58 billion.

Helen of Troy (NASDAQ: HELE) shares dipped 5.46% to $57.16 after the company reported weaker-than-expected fiscal first-quarter adjusted profit.

Liquidity Services (NASDAQ: LQDT) shares fell 4.97% to $13.95 after the company announced the sale of rolling stock and other assets. The company now expects FQ3 adjusted earnings per share to be around 10%-20% below its forecast of $0.28 to $0.34.

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