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Morning Market Losers

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Model N (NYSE: MODN) dropped 31.57% to $10.08 on downbeat FY14 forecast. JP Morgan downgraded the stock from “overweight” to “neutral.”

Neurocrine Biosciences (NASDAQ: NBIX) plummeted 29.82% to $11.72 after the company reported Phase IIb results Of VMAT2 Inhibitor NBI-98854 for treatment of tardive dyskinesia.

ChemoCentryx (NASDAQ: CCXI) dropped 23.97% to $6.28 after the company announced top-line interim results for CCX140 in an ongoing Phase II trial.

HD Supply Holdings (NASDAQ: HDS) dropped 11.59% to $21.88 on Q2 results.

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