Morning Market Losers
Red Robin Gourmet Burgers (NASDAQ: RRGB) shares dropped 20.23% to $51.49 after the company reported downbeat second-quarter profit.
Noodles & Company (NASDAQ: NDLS) shared tumbled 19.52% to $20.29 on disappointing Q2 results and an outlook below expectations.
Vapor (NASDAQ: VPCO) shares declined 17.74% to $3.43 after the company reported Q2 results.
Digital Ally (NASDAQ: DGLY) dropped 14.11% to $3.47 after the company reported a Q2 loss of $0.28 per share on revenue of $3.40 million.
Conatus Pharmaceuticals (NASDAQ: CNAT) shares dipped 12.47% to $6.81 after the company reported a Q2 loss of $0.34 per share.
Digital Power (NYSE: DPW) shares fell 11.74% to $1.22 on Q2 results.
Oclaro (NASDAQ: OCLR) dropped 10.47% to $1.71 after the company said a decline in 40G and lower-speed legacy products for fiber-optic networks will result in disappointing FQ1 revenue.
Rockwell Medical (NASDAQ: RMTI) declined 8.09% to $10.25. FBR Capital initiated coverage on Rockwell Medical with a Underperform rating and a $6.00 price target.
Fifth Street Senior Floating Rate (NASDAQ: FSFR) dipped 7.66% to $12.29 after the company commenced public offering of 22.8 million shares of common stock.
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