Morning Market Losers

Arch Coal Inc ACI shares dropped 10.42 percent to $3.18. Tribune Publishing Co TPUB shares fell 7.66 percent to $8.08. On Monday, Tribune Publishing lowered its FY15 revenue and adjusted EBITDA outlook. Teck Resources Ltd (USA) TCK declined 7.14 percent to $5.39. Freeport-McMoRan Inc FCX shares dipped 6.27 percent to $9.87 in pre-market trading after falling 3.31 percent on Monday. ConAgra Foods Inc CAG shares fell 4.27 percent to $40.58 after the company reported Q1 results. ConAgra posted quarterly adjusted earnings of $0.45 per share on revenue of $2.79 billion. Memorial Resource Development Corp MRD shares dropped 3.13 percent to $17.96 after the company reported the acquisition of 132,758 net acres in North Louisiana for $373.8 million and announced the pricing of upsized public offering of common stock. RBC Capital maintained Memorial Resource Development with a Outperform and lowered the price target from $24.00 to $23.00 Ambarella Inc AMBA shares fell 2.01 percent to $65.60 in pre-market trading after declining 6.33 percent on Monday. Darden Restaurants, Inc. DRI dropped 1.92 percent to $68.92. Darden reported better-than-expected results for its fiscal first quarter and lifted its earnings forecast for the full year. GoPro Inc GPRO fell 1.33 percent to $31.84 in pre-market trading after dropping 8.19 percent on Monday.
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