Market Overview

Morning Market Losers

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Gordmans Stores (NASDAQ: 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 (NYSE: WH) plummeted 12.21% to $2.30. WSP Holdings' trailing-twelve-month ROE is -46.84%.

Red Hat (NYSE: RHT) dropped 11.39% to $46.90 after the company reported Q2 results. Piper Jaffray downgraded the stock from “overweight” to “neutral.”

Cypress Semiconductor (NASDAQ: CY) dropped 10.86% to $10.20 after the company lowered its Q3 forecast.

 

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