Morning Market Losers

Loading...
Loading...
Xilinx
XLNX
shares tumbled 17.36% to $39.79 after the company reported downbeat Q1 revenue and issued a weak Q2 revenue forecast. BMO Capital downgraded Xilinx from Outperform to Market Perform and lowered the price target from $60.00 to $42.00. MeetMe
MEET
declined 11.69% to $2.04 after the company priced $10 million public offering of common stock. CONMED
CNMD
dropped 11.05% to $38.00 after the company reported that its board has ended the review of strategic alternatives. The company reported downbeat Q2 results and lowered its full-year outlook. The company's CEO Joe Corasanti announced that he will be stepping down with former Stryker interim CEO and CFO, Curt Hartman, taking over his position. Juniper Networks
JNPR
shares slipped 9.75% to $22.40 after the company issued a downbeat Q3 forecast. iRobot
IRBT
shares dropped 9.41% to $35.14 after the company reported downbeat Q2 revenue and issued a weak Q3 forecast. Tupperware Brands
TUP
slipped 9.12% to $77.01 after the company reported Q2 earnings of $1.47 per share on revenue of $674.0 million and lowered its FY14 earnings forecast. Cubist Pharmaceuticals
Loading...
Loading...
CBST
fell 8.34% to $60.22 after the company reported Q2 earnings of $0.23 per share on revenue of $294.40 million. JMP Securities downgraded Cubist Pharmaceuticals from Market Outperform to Market Perform and removed the price target of $80.00. JAKKS Pacific
JAKK
fell 6.47% to $7.80 after the company reported a Q2 loss of $0.43 per share on revenue of $124.20 million. Whirlpool
WHR
shares fell 4.47% to $136.80 after the company reported weaker-than-expected second-quarter profit.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsMovers & ShakersIntraday UpdateMarketsmarket losersTop Losers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...