Market Overview

Morning Market Losers

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Alexco Resource (NYSE: AXU) shares slipped 16.81% to $1.04 after the company announced a C$5 Million equity financing.

Merit Medical Systems (NASDAQ: MMSI) fell 15.67% to $12.43 after the company reported downbeat quarterly results and issued a weak FY14 forecast.

Destination Maternity (NASDAQ: DEST) dropped 15.57% to $19.04 after the company reported weaker-than-expected Q3 results and issued a downbeat FY14 forecast.

DreamWorks Animation SKG (NASDAQ: DWA) shares declined 13.66% to $19.56 after the company posted a wider-than-expected loss on revenue below analysts' consensus.

Nutrisystem (NASDAQ: NTRI) fell 12.65% to $15.67 after the company reported quarterly results and issued outlook for the third quarter.

United Insurance Holdings (NASDAQ: UIHC) shares dropped 11.38% to $15.49 on Q2 results.

Buffalo Wild Wings (NASDAQ: BWLD) shares tumbled 11.42% to $148.06 despite the company beating Q2 expectations and raising its 2014 outlook. Wunderlich Securities analyst Robert M. Derrington lowered the price target on the stock from $180.00 to $170.00.

Big 5 Sporting Goods (NASDAQ: BGFV) shares declined 10.86% to $10.10 on weaker-than-expected Q2 earnings.

Applied Micro Circuits (NASDAQ: AMCC) dropped 7.03% to $8.99 on quarterly results.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

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