Morning Market Losers
Liberty Media (NASDAQ: LMCA) declined 65.17% to $49.22 after the company announced adjustment to the conversion rate of its 1.375% cash convertible senior notes due 2023.
Guanwei Recycling (NASDAQ: GPRC) shares slipped 45.83% to $0.78 after the company received a notice from the Depository Trust Company.
Tristate Capital Holdings (NASDAQ: TSC) shares dropped 21.72% to $10.63 on Q2 results.
Angie's List (NASDAQ: ANGI) shares tumbled 21.24% to $8.01 after the company reported a wider-than-expected quarterly loss and issued a weak revenue forecast. Bank of America downgraded Angie's List from Buy to Neutral and lowered the price target from $16.00 to $12.00.
Clearfield (NASDAQ: CLFD) declined 13.52% to $13.88 on weaker-than-expected FQ3 results.
Intricon (NASDAQ: IIN) shares fell 11.73% to $7.15 after the company reported Q2 results.
TripAdvisor (NASDAQ: TRIP) dropped 9.90% to $96.74 after the company reported weaker-than-expected second-quarter profit.
The Bancorp (NASDAQ: TBBK) fell 9.47% to $9.84 on Q2 results.
QUALCOMM (NASDAQ: QCOM) shares slipped 6.80% to $76.06 after the company issued downbeat earnings forecast for the current quarter. The company reported a 42% rise in its fiscal third-quarter net income. Evercore Partners downgraded QUALCOMM from Overweight to Equal-weight and lowered the price target from $88.00 to $83.00.
West Marine (NASDAQ: WMAR) shares dropped 6.67% to $8.95 after the company reported downbeat Q2 results and issued a weak FY14 outlook.
Sarepta Therapeutics (NASDAQ: SRPT) fell 1.87% to $20.95 following an SEC filing from the company which stated the company's Senior Vice PResident and Chief Science Officer has been "terminated".
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