Market Overview

Morning Market Losers

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Core Laboratories NV (NYSE: CLB) shares fell 16.35% to $158.19 after the company lowered its forecast for the second quarter and FY14.

Egalet (NASDAQ: EGLT) tumbled 14% to $10.11. Egalet is expected to release its Q1 financial results on May 13, 2014.

Bridgepoint Education (NYSE: BPI) dipped 8.79% to $14.52 after the company reported Q1 preliminary loss of $0.10 per share on sales of $160.5 million. The company also reported that it will be unable to file 10Q by May 12th.

Neonode (NASDAQ: NEON) dipped 8.21% to $4.25 after the company reported a Q1 loss of $0.11 per share on revenue of $1.01 million.

The Dixie Group (NASDAQ: DXYN) shares fell 7% to $12.21 after the company announced a public offering of 2.5 million shares of its common stock.

GAIN Capital Holdings (NYSE: GCAP) declined 6.14% to $7.49. GAIN Capital's April OTC trading volume declined 5.5% versus March.

The Hillshire Brands Company (NYSE: HSH) tumbled 5.82% to $34.80 after the company announced its plans to buy Pinnacle Foods for around $6.6 billion including debt.

Eleven Biotherapeutics (NASDAQ: EBIO) shares fell 4.61% to $10.77. Eleven Biotherapeutics is projected to report its Q1 financial results on May 15, 2014.

 

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