Morning Market Losers
Advanced Energy Industries (NASDAQ: AEIS) shares dipped 15.10% to $18.16 after the company reported downbeat quarterly results and issued a weak Q2 outlook.
Interactive Intelligence Group (NASDAQ: ININ) shares slipped 14.38% to $53.17 after the company reported a Q1 loss of $0.02 per share.
Fabrinet (NYSE: FN) shares slipped 12.74% to $19.25 after the company reported a Q3 earnings of $0.34 per share on revenue of $167.70 million. Needham downgraded Fabrinet from Buy to Hold.
athenahealth (NASDAQ: ATHN) shares declined 12.45% to $111.00 after Greenlight Capital's David Einhorn said that athenahealth's stock price could decline as much as 80%.
Medifast (NYSE: MED) declined 10.08% to $28.09 after the company announced Q1 results.
Twitter (NYSE: TWTR) declined 8.95% to $35.28 on the end of lockup period.
MTS Systems (NASDAQ: MTSC) dipped 7.86% to $62.15 after the company reported FQ2 results.
Cynosure (NASDAQ: CYNO) declined 7.45% to $23.51 after the company reported Q1 results. The company's board raised its share repurchase program to $35 million.
Hanger (NYSE: HGR) fell 6.60% to $31.40 on weaker-than-expected Q1 results.
Solazyme (NASDAQ: SZYM) tumbled 6.54% to $10.15 after the company reported weaker-than-expected Q1 results.
Ballard Power Systems (NASDAQ: BLDP) shares fell 6.29% to $3.13 after tumbling 6.44% on Monday.
YY (NASDAQ: YY) declined 3.26% to $59.94 after the company reported Q1 results. The company's quarterly net income surged 187.2% to RMB183.6 million (US$29.5 million), versus RMB63.9 million.
American International Group (NYSE: AIG) slipped 2.50% to $51.40 after the company reported a 27% drop in its first-quarter net income. AIG posted its adjusted earnings of $1.21 per share, versus analysts' estimates of $1.06 per share.
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