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Morning Market Losers

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Eltek (NASDAQ: ELTK) shares declined 11.77% to $1.35 after the company reported a Q1 loss of $0.02 per share on revenue of $12.30 million.

Frontline (NYSE: FRO) shares slipped 11.19% to $2.54 as the company reported its Q1 adjusted earnings of $0.04 per share. The company also expected weaker second-quarter operational results.

Analogic (NASDAQ: ALOG) slipped 10.17% to $69.10 after the company issued a downbeat Q3 forecast and lowered its FY14 revenue outlook.

Durata Therapeutics (NASDAQ: DRTX) shares declined 8.86% to $15.39. Durata Therapeutics confirmed the FDA approval of Dalvance to treat skin infections.

Pinnacle Foods (NYSE: PF) shares fell 6.04% to $31.26 on proposed Pilgrim's Pride (NASDAQ: PPC) acquisition of Hilshire (NYSE: HSH).

JinkoSolar Holding Co (NYSE: JKS) dropped 4.06% to $24.81 after the company reported weaker-than-expected first-quarter earnings.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

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