Morning Market Losers

Methode Electronics MEI shares tumbled 15.42% to $29.95 after the company reported Q3 results. ModusLink Global Solutions MLNK shares dipped 14.19% to $4.20 after the company announced a proposed $75 million convertible senior notes offering. Providence Service PRSC declined 10.33% to $25.58 after the company reported weaker-than-expected results. KiOR KIOR dipped 7.20% to $1.16. KiOR canceled its Q4 earnings call earlier scheduled for March 13, 2014. Delhaize Group DEG shares tumbled 6.78% to $68.19 after the company reported quarterly results. Delhaize Group posted a quarterly net profit of 101 million euro, versus a year-ago net loss of 169 million euro. Gogo GOGO shares dropped 5.03% to $22.68 after the company announced Q4 results. Gogo posted a quarterly loss of $0.26 per share, versus analysts' estimates of a loss of $0.27 per share. Horizon Pharma HZNP tumbled 1.47% to $13.42 after the company reported Q4 results. Horizon Pharma posted a quarterly loss of $0.04 per share on revenue of $30.10 million. However, analysts were expecting a loss of $0.08 per share on revenue of $32.18 million.