Morning Market Losers

Gordmans Stores GMAN dropped 22.75% to $10.83. Gordmans shares have dropped 21.15% over the past 52 weeks, while the S&P 500 index has gained 18.05% in the same period. WSP Holdings WH plummeted 12.21% to $2.30. WSP Holdings' trailing-twelve-month ROE is -46.84%. Red Hat RHT dropped 11.39% to $46.90 after the company reported Q2 results. Piper Jaffray downgraded the stock from “overweight” to “neutral.” Cypress Semiconductor CY dropped 10.86% to $10.20 after the company lowered its Q3 forecast.