Morning Market Losers

Adept Technology ADEP shares tumbled 20.21% to $8.88 after the company reported a FQ4 loss of $0.03 per share on revenue of $14.3 million. However, analysts were projecting earnings of $0.02 per share on revenue of $16.2 million. Xueda Education Group XUE shares fell 19.22% to $3.74 after the company reported Q2 results. The company reported earnings of $0.27 per share on revenue of $120.80 million. Doral Financial DRL shares dropped 18.55% to $6.81 on a report that the company and Puerto Rico Treasury Department failed to reach an agreement. iKang Healthcare Group KANG shares slipped 8.52% to $20.72 after the company reported downbeat quarterly earnings. Trina Solar TSL shares declined 8.38% to $12.25after the company reported downbeat sales for the second quarter. Sanderson Farms SAFM shares fell 5.91% to $89.50 after the company reported weaker-than-expected profit for its fiscal third quarter. Best Buy Co BBY dropped 3.99% to $30.72 after the company reported downbeat revenue for the second quarter. Prospect Capital PSEC shares declined 3.17% to $10.63 on Q4 results. Prospect Capital reported Q4 EPS of $0.25.
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