Market Overview

Morning Market Losers

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MGC Diagnostics (NASDAQ: MGCD) shares tumbled 16.09% to $6.83 after the company reported Q3 GAAP loss of $0.21 per share on revenue of $6.60 million.

AngloGold Ashanti (NYSE: AU) declined 12.40% to $13.57 after the company proposed the corporate restructure of international mining operations under a new holding company.

GT Advanced Technologies (NASDAQ: GTAT) shares dropped 10.57% to $13.36. Goldman Sachs downgraded GT Advanced Technologies from Buy to Neutral and lowered the price target from $20.00 to $14.00.

Coffee Holding Company (NASDAQ: JVA) shares fell 9.56% to $6.53 on quarterly results.

MFRI (NASDAQ: MFRI) declined 9.11% to $11.08 after the company reported Q2 earnings from continuing operations of $0.20 per share on sales of $53.4 million.

Crossroads Systems (NASDAQ: CRDS) shares slipped 8.90% to $2.66 after the company reported FQ3 results.

Armada Hoffler Properties (NYSE: AHH) dropped 4.66% to $9.20 after the company announced the pricing of public offering of common stock.

Krispy Kreme Doughnuts (NYSE: KKD) fell 4.15% to $16.88 after the company posted a weaker-than-expected second-quarter profit.

eBay (NASDAQ: EBAY) shares fell 3.43% to $50.92. Analysts at Piper Jaffray downgraded eBay from Overweight to Neutral.

 

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