Morning Market Losers

Abengoa SA (ADR) ABGB shares dipped 46.67 percent to $2.48. Following the failure of its efforts to raise capital, the company announced that it would seek protection from creditors. QAD Inc. QADA shares declined 13.85 percent to $22.40 after the company reported weak Q3 sales and lowered its FY16 forecast. HP Inc HPQ shares slipped 12.91 percent to $12.75 after the company reported results for its fiscal fourth quarter and issued a weak profit forecast. PTC Therapeutics, Inc. PTCT shares dropped 9.78 percent to $28.64. Jefferies downgraded PTC Therapeutics from Hold to Underperform and lowered the price target from $26.00 to $18.00. Sunedison Inc SUNE shares fell 9.47 percent to $3.73. Analysts at UBS downgraded Sunedison from Neutral to Sell. Voltari Corp VLTC shares dropped 9.45 percent to $7.76 after surging 144.86 percent on Tuesday. TerraForm Power Inc TERP shares declined 8.27 percent to $8.10. UBS downgraded TerraForm Power from Neutral to Sell.