Market Overview

Morning Market Losers

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Dendreon (NASDAQ: DNDN) shares declined 32.55% to $1.43. Dendreon warned investors of a "significant risk" that it will be unable to repay or refinance $620 million in notes due in January 2016.

magicJack VocalTec (NASDAQ: CALL) dropped 14.18% to $11.20 on Q2 results. magicJack reported Q2 earnings of $0.31 per share on revenue of $29.50 million.

Turtle Beach (NASDAQ: HEAR) shares tumbled 12.06% to $7.29 after the company reported Q2 results.

Intersections (NASDAQ: INTX) shares fell 9.86% to $3.75 on Q2 results. Intersections reported a Q2 loss of $0.11 per share on revenue of $64.30 million.

Nuance Communications (NASDAQ: NUAN) declined 9.78% to $16.33 after the company reported downbeat FQ3 revenue and issued a weak FQ4 forecast.

Galena Biopharma (NASDAQ: GALE) shares slipped 9.48% to $2.77 after the company reported weaker-than-expected Q2 results.

51job (NASDAQ: JOBS) dropped 8.76% to $34.90 on Q2 results.

Black Diamond (NASDAQ: BDE) shares fell 6.65% to $8.28 after the company reported Q2 results and named Zeena Freeman as president, effective August 11, 2014

El Pollo Loco Holdings (NASDAQ: LOCO) shares slipped 6.51% to $33.46 after falling 3.14% on Monday.

Flowers Foods (NYSE: FLO) shares dipped 4.65% to $19.08 after the company reported downbeat second-quarter results.

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