Morning Market Losers
E2open Inc (NASDAQ: EOPN) shares dropped 31.13% to $10.75 after the company issued a weak full-year revenue forecast and announced the resignation of its chief sales officer David Packer. The company also announced that its three customers will not be renewing contracts.
Synthesis Energy Systems, Inc. (NASDAQ: SYMX) shares dipped 21.28% to $1.13 after the company reported a Q4 loss of $0.06 per share.
Identiv Inc (NASDAQ: INVE) tumbled 19.89% to $15.67 after the company priced $30 million public offering of common stock.
21Vianet Group Inc (NASDAQ: VNET) shares dipped 17.15% to $16.67 after dropping 8.04% on Wednesday. The Rosen Law Firm announced an investigation of securities claims against 21Vianet Group.
Aastrom Biosciences INC (NASDAQ: ASTM) shares declined 6.52% to $2.74 after the company priced public offering of 13,725,490 shares of common stock at $2.55 per share.
Five Below Inc (NASDAQ: FIVE) shares fell 5.02% to $40.22 after the company issued a weak earnings forecast for the third quarter. The retailer's second-quarter comparable sales grew by 3.2%. However, the company reported better-than-expected Q2 earnings.
Crocs, Inc. (NASDAQ: CROX) shares declined 3.92% to $14.45. Buckingham Research downgraded Crocs from Buy to Neutral.
Restoration Hardware Holdings Inc (NYSE: RH) shares fell 1.74% to $80.62 after the company reported weaker-than-expected second-quarter revenue and issued a weak FY14 revenue forecast. However, the company reported upbeat quarterly earnings and raised its FY14 earnings guidance.
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