Morning Market Losers

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Net Element
NETE
declined 24.89% to $4.28. Net Element has eliminated $15 million of debt from its balance sheet. NPS Pharmaceuticals
NPSP
shares dipped 12.26% to $28.69. The FDA has voted 8-5 in favor of NPS Pharmaceuticals' Natpara. Bankrate
RATE
slipped 10.58% to $12.36 after the company named Steven Barnhart as interim Chief Financial Officer and announced the SEC investigation relating to 2012 financial reporting. Achillion Pharmaceuticals
ACHN
shares fell 9.85% to $10.98 after dropping 3.87% on Friday. Terex
TEX
shares dropped 6.40% to $32.48 after the company lowered its 2014 earnings forecast. MDU Resources Group
MDU
shares fell 5.60% to $28.48 after the company cut its 2014 earnings outlook. Cree
CREE
declined 3.54% to $41.17. Goldman Sachs downgraded from Buy to Neutral and lowered the target price from $60 to $48. Symantec
SYMC
shares slipped 2.41% to $23.94. Analysts at RBC Capital downgraded Symantec from Outperform to Sector Perform. Gilead Sciences
GILD
shares declined 1.76% to $101.84 after the company reported that it has signed licensing agreements with seven India-based generic pharmaceutical manufacturers to expand access to its hepatitis C treatments in developing countries.
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