Morning Market Losers

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Otonomy IncOTIC
shares dipped 22.09 percent to $24.19 after the company announced Phase 2b topline data for OTO-104 in Meniere's disease. JP Morgan downgraded Otonomy from Overweight to Neutral and lowered the price target from $42.00 to $30.00.
Viggle IncVGGL
shares tumbled 17.48 percent to $2.55 after the company priced an offering of 3.626 million shares at $2.50 per share.
Aeropostale Inc ARO
shares dipped 16.80 percent to $2.15 after the company reported a wider-than-expected loss for the first quarter.
Qunar Cayman Islands LtdQUNR
shares fell 8.41 percent to $48.44 after rising 4.77 percent on Thursday.
Esperion Therapeutics IncESPR
shares dropped 6.79 percent to $106.05.
Marvell Technology Group Ltd.MRVL
shares slipped 5.57 percent to $13.57. Marvell Technology reported better-than-expected earnings for the first quarter. However, the company reported downbeat Q1 revenue and issued a weak forecast for the second quarter.
The Fresh Market IncTFM
shares declined 4.32 percent to $32.31. Fresh Market reported better-than-expected earnings for the first quarter, but the company's sales missed analysts' estimates.
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