Morning Market Losers

Xilinx XLNX shares tumbled 17.36% to $39.79 after the company reported downbeat Q1 revenue and issued a weak Q2 revenue forecast. BMO Capital downgraded Xilinx from Outperform to Market Perform and lowered the price target from $60.00 to $42.00. MeetMe MEET declined 11.69% to $2.04 after the company priced $10 million public offering of common stock. CONMED CNMD dropped 11.05% to $38.00 after the company reported that its board has ended the review of strategic alternatives. The company reported downbeat Q2 results and lowered its full-year outlook. The company's CEO Joe Corasanti announced that he will be stepping down with former Stryker interim CEO and CFO, Curt Hartman, taking over his position. Juniper Networks JNPR shares slipped 9.75% to $22.40 after the company issued a downbeat Q3 forecast. iRobot IRBT shares dropped 9.41% to $35.14 after the company reported downbeat Q2 revenue and issued a weak Q3 forecast. Tupperware Brands TUP slipped 9.12% to $77.01 after the company reported Q2 earnings of $1.47 per share on revenue of $674.0 million and lowered its FY14 earnings forecast. Cubist Pharmaceuticals CBST fell 8.34% to $60.22 after the company reported Q2 earnings of $0.23 per share on revenue of $294.40 million. JMP Securities downgraded Cubist Pharmaceuticals from Market Outperform to Market Perform and removed the price target of $80.00. JAKKS Pacific JAKK fell 6.47% to $7.80 after the company reported a Q2 loss of $0.43 per share on revenue of $124.20 million. Whirlpool WHR shares fell 4.47% to $136.80 after the company reported weaker-than-expected second-quarter profit.