Market Overview

Morning Market Losers


CalAmp (NASDAQ: CAMP) dropped 12.96% to $19.20 after the company issued a weak forecast for the second quarter. It expected Q2 earnings of $0.17 to $0.21 per share on revenue of $57 million to $61 million. Analysts estimated earnings of $0.22 per share on revenue of $62.2 million.

Molycorp (NYSE: MCP) shares declined 7.00% to $2.39. The decline in the stock may be attributed to Seeking Alpha post: 'Molycorp Is Worth $1.60 Per Share.'

GoPro (NASDAQ: GPRO) shares fell 6.68% to $45.54 after surging for four sessions.

Mazor Robotics (NASDAQ: MZOR) shares slipped 6.37% to $16.97 as the company reported orders for four renaissance systems during the second quarter.

United Continental Holdings (NYSE: UAL) tumbled 6.06% to $39.70.

CounterPath (NASDAQ: CPAH) shares fell 5.55% to $1.02. CounterPath is expected to hold Q4 results conference call on July 10, 2014.

Delta Air Lines (NYSE: DAL) shares declined 5.53% to $38.08. Delta reported June PRASM growth of 4.5%. It expects Q2 operating margin of 14% to 16% and operating cash flow of $2 billion.


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