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Morning Market Losers

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PDF Solutions (NASDAQ: PDFS) shares dropped 22.96% to $13.59. PDF Solutions updated the status of certain contracts and announced the effect of the change in status on previously deferred costs and expected revenues.

IsoRay (NYSE: ISR) declined 14.66% to $1.63 after the company reported a FY loss of $0.16 per share on revenue of $4.22 million.

TravelCenters of America LLC (NYSE: TA) shares slipped 14.31% to $9.96 after the company reported Q2 earnings of $0.36 per share on revenue of $2.08 billion.

DreamWorks Animation SKG (NASDAQ: DWA) shares dipped 7.91% to $25.95 on a report that acquisition talks between DreamWorks and SoftBank (OTC: SFTBY) had cooled down. DreamWorks shares jumped 26.03% Monday on rumor of Softbank bid.

China Finance Online Co (NASDAQ: JRJC) shares declined 9.60% to $7.91 after the company reported a Q2 loss of $0.29 per share on revenue of $20.60 million.

CymaBay Therapeutics (NASDAQ: CBAY) shares fell 6.66% to $6.31. On Monday, CymaBay completed enrollment in its Phase 2b study of arhalofenate in patients with gout.

Fidus Investment (NASDAQ: FDUS) fell 3.40% to $16.77 after the company priced 2 million shares at $17 per share.

Ford Motor Co (NYSE: F) shares slipped 2.18% to $14.78. On Monday, Ford cut its 2014 pretax profit forecast to $6 billion, versus its prior outlook of $7 billion to $8 billion. The company said it will take a 2014 pre-tax loss of $1.2 billion in Europe and will lose another $250 million in the region during 2015. Ford also expected a pre-tax 2014 loss of $1 billion in South America.

Progenics Pharmaceuticals (NASDAQ: PGNX) dropped 1.81% to $5.16. Salix Pharmaceuticals (NASDAQ: SLXP) and Progenics reported the FDA approval of RELISTOR.

 

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