Market Overview

Morning Market Losers

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Silicom (NASDAQ: SILC) shares declined 23.17% to $29.98 after the company reported weaker-than-expected Q2 results.

New Oriental Education & Technology Group (NYSE: EDU) shares slipped 12.02% to $21.29 after the company issued downbeat Q1 revenue forecast.

Del Frisco's Restaurant Group (NASDAQ: DFRG) dropped 11.10% to $22.43 after the company reported downbeat Q2 results and lowered its FY14 earnings forecast.

MELA Sciences (NASDAQ: MELA) shares slipped 11.03% to $2.50 after the company announced a $27.3 million private placement with preferred stock, debentures and warrants.

Iteris (NYSE: ITI) shares fell 8.73% to $1.73 after the company announced the receipt of notice of noncompliance with NYSE MKT listing standards.

CymaBay Therapeutics (NASDAQ: CBAY) shares slipped 7.87% to $5.50 after the company priced public offering of 4,000,000 shares at $5.50 per share.

Pretium Resources (NYSE: PVG) declined 7.73% to $7.28 after the company filed to sell $60 million in common stock.

Sonic Automotive (NYSE: SAH) tumbled 7.67% to $24.18 after the company reported Q2 earnings of $0.44 per share.

Harley-Davidson (NYSE: HOG) shares dropped 5.35% to $63.49 after the company cut its motorcycle shipments forecast for the full year. However, the company reported upbeat quarterly earnings.

The Travelers Companies (NYSE: TRV) shares fell 3.88% to $91.56 after the company reported downbeat Q2 earnings.

Kimberly-Clark (NYSE: KMB) slipped 2.36% to $109.66 after the company reported weaker-than-expected second-quarter earnings and narrowed its FY14 earnings guidance.

Amazon.com (NASDAQ: AMZN) shares fell 0.71% to $357.21. Citigroup downgraded Amazon.com from Buy to Neutral.

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