Market Overview

Morning Market Losers

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Harmonic (NASDAQ: HLIT) shares slipped 11.22% to $6.33 after the company lowered its Q2 forecast and issued a weak Q3 guidance.

The Female Health Company (NASDAQ: FHCO) dropped 9.50% to $5.05 after the company announced its plans to suspend dividend. The company is also planning to raise investment in marketing and sales.

Golden Minerals Company (NYSE: AUMN) slipped 9.24% to $1.18. Golden Minerals restarted mining at its Velardena Properties on July 1.

E2open (NASDAQ: EOPN) declined 6.17% to $17.48.

Riverbed Technology (NASDAQ: RVBD) shares dropped 6.14% to $19.10 after the company lowered its Q2 revenue forecast.

GT Advanced Technologies (NASDAQ: GTAT) shares fell 5.79% to $15.12. The decline in the stock may be attributed to cautious comments by CLSA.

First Majestic Silver (NYSE: AG) shares fell 4.84% to $10.41. The company announced the spin-out of non-core exploration properties. Total production at its five operating silver mines in Mexico reached a new quarterly record of 3,855,224 equivalent ounces of silver for the second quarter.

Silvercorp Metals (NYSE: SVM) shares fell 4.63% to $2.06. Silver futures tumbled 2.29% to trade at $20.97 an ounce.

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