Morning Market Losers

Enphase Energy Inc ENPH shares dropped 39.52 percent to $2.25. Enphase Energy reported Q3 earnings of $0.08 per share on revenue of $102.9 million. The company also issued a weak Q4 revenue forecast. Wi-LAN Inc - US listing WILN declined 31.68 percent to $1.30. Wi-Lan reported Q3 earnings of C$0.10 per share on revenue of C$21.4 million and announced plans to spin out R&D unit. Groupon Inc GRPN shares slipped 30.77 percent to $2.79. Groupon reported better-than-expected earnings for the third quarter, but the company's sales missed analysts' estimates. The company also issued a weak forecast for the current quarter. FARO Technologies, Inc. FARO shares declined 28.98 percent to $25.03. FARO Tech reported a Q3 loss of $0.05 per share on revenue of $72.5 million. The company also announced plans to reduce workforce by 8 percent. Checkpoint Systems, Inc. CKP shares fell 25.19 percent to $5.76 after the company reported weaker-than-expected Q3 results and lowered its FY15 forecast. Foundation Medicine Inc FMI shares declined 19.60 percent to $19.24 after the company reported a wider-than-expected Q3 loss. Plains GP Holdings LP PAGP fell 17.28 percent to $12.73 on downbeat Q3 results. HSN, Inc. HSNI shares slipped 14.05 percent to $54.06 after the company reported downbeat Q3 earnings. MannKind Corporation MNKD dropped 7.59 percent to $2.98. RBC Capital downgraded MannKind from Outperform to Underperform. Cellectis SA (ADR) CLLS shares shrank 7.36 percent to $35.74 after surging 23.10 percent on Tuesday.
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