Morning Market Losers

Corcept Therapeutics CORT declined 50.50% to $1.99 following earnings miss and drug trial halt. Oclaro OCLR declined 31.57% to $1.82 on Q3 results. zulily ZU declined 23.64% to $35.04 on weaker-than-expected Q1 earnings. Datalink DTLK fell 23.33% to $9.76 after the company reported weaker-than-expected Q1 results and issued a downbeat forecast. Aegerion Pharmaceuticals AEGR declined 20.67% to $35.03 after the company announced Q1 results and cut its 2014 product sales outlook. FireEye FEYE declined 20.04% to $29.69 after the company reported a Q1 loss of $0.53 per share on revenue of $74.0 million and announced its plans to buy Npulse Technologies. Whole Foods Market WFM shares tumbled 19.64% to $38.53 after the company reported weaker-than-expected fiscal second-quarter results and cut its guidance for 2014. ReachLocal RLOC shares fell 19.54% to $7.99 after the company reported a Q1 loss of $0.22 per share on revenue of $124.70 million. Craig-Hallum downgraded ReachLocal from Hold to Sell. Extreme Networks EXTR dipped 15.57% to $4.50 after the company reported Q3 results and announced the departure of its COO. Courier CRRC tumbled 15.45% to $11.82 after the company reported Q2 results. Groupon GRPN dipped 13.55% to $5.81 after the company issued a weak forecast. However, the company reported better-than-expected first-quarter results. Trimble Navigation TRMB shares fell 13.20% to $33.13 after the company reported downbeat Q1 results and issued a weak Q2 outlook.
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