Morning Market Losers

iDreamSky Technology Limited DSKY shares dipped 22.18% to $8.42 after the company issued a weak revenue forecast and announced a $20 million share buyback program. Stifel Nicolaus downgraded iDreamSky Technology from Buy to Hold and removed the price target of $27.00. Park-Ohio Holdings Corp. PKOH shares fell 14.30% to $48.11. ParkOhio reported Q4 adjusted earnings of $0.90 per share on revenue of $373 million. The company expected FY adjusted earnings of $4.32 to $4.72 per share. Nuverra Environmental Solutions, Inc. NES dropped 12.33% to $2.56. Nuverra Environmental Solutions is expected to host its Q4 conference call and webcast on March 16, 2015 at 4:30 p.m. ET. North Atlantic Drilling Limited NADL slipped 10.86% to $1.14. North Atlantic Drilling reported that it has received a notice of termination for the West Navigator. Goodrich Petroleum Corp. GDP fell 9.09% to $2.60. Crude oil futures fell 1.76% to trade at $44.05 a barrel. E. I. du Pont de Nemours and Company DD shares declined 2.29% to $78.66. Bank of America downgraded E I du Pont de Nemours from Buy to Underperform. Netflix, Inc. NFLX shares slipped 2.27% to $428.46. Evercore Partners downgraded Netflix from Hold to Sell and lowered the price target from $450.00 to $380.00. Garmin Ltd. GRMN shares declined 0.83% to $47.60. Oppenheimer downgraded Garmin from Outperform to Market Perform and removed the price target of $65.00.
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