Morning Market Losers

Rhino Resource Partners LP RNO shares declined 52.05% to $5.70 after the company lowered its Q3 distribution to $0.05 per unit from $0.445 per unit. Raymond James downgraded Rhino Resource Partners from Outperform to Underperform. Magnegas MNGA shares dropped 15.38% to $1.10 as the company entered into definitive agreements for financing of $5 million in gross proceeds. Omeros OMER shares slipped 13.24% to $11.99 after the company provided an update on PDE10 inhibitor program. Susser Petroleum Partners LP SUSP shares declined 9.64% to $45.00 after the company announced public offering of 8 million common units representing limited partner interests. ARM Holdings plc ARMH shares dropped 8.71% to $37.94 on Q3 results. The Coca-Cola Company KO fell 5.72% to $40.81 after the company posted downbeat Q3 revenue. The company said it expected to be below long-term EPS growth forecast in 2014. TAL Education Group XRS shares slipped 4.90% to $32.05 on Q3 results. The company reported quarterly earnings of $0.39 per share on revenue of $122.40 million. Chipotle Mexican Grill CMG shares declined 4.64% to $622.73. The company reported strong Q3 earnings. It expected low to mid-single digit comparable restaurant sales growth for 2015. Rent-A-Center RCII shares dropped 4.52% to $30.22 on Q3 results.