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Morning Market Losers

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Roka Bioscience (NASDAQ: ROKA) dipped 39.93% to $5.01 after the company reported Q3 results. Bank of America downgraded Roka Bioscience from Buy to Neutral.

Salix Pharmaceuticals (NASDAQ: SLXP) shares tumbled 36.12% to $88.50 after the company reported downbeat Q3 results and appointed Timothy Creech as CFO. Analysts at Stifel Nicolaus downgraded Salix Pharma from Buy to Hold and removed the price target of $189.

Financial Engines (NASDAQ: FNGN) dropped 25.36% to $30.47 after the company reported Q3 earnings of $0.23 per share on revenue of $72.80 million and appointed Lawrence Raffone as CEO.

Amber Road (NYSE: AMBR) shares dipped 25.35% to $10.16 on Q3 results. Stifel Nicolaus lowered the price target on Amber Road from $19.00 to $18.00.

Summer Infant (NASDAQ: SUMR) slipped 22.53% to $2.39 after the company reported Q3 earnings of $0.03 per share. The company appointed William E. Mote, Jr. as CFO and Annamaria Dooley as Senior Vice President of product development.

Intercept Pharmaceuticals (NASDAQ: ICPT) shares dropped 17% to $205.01 after the company reported a Q3 loss of $1.69 per share and announced that results from the FLINT trial in nonalcoholic steatohepatitis (NASH) were published in The Lancet.

Performant Financial (NASDAQ: PFMT) shares slipped 16.65% to $7.21 after the company reported downbeat Q3 results and lowered its FY14 revenue forecast. William Blair downgraded Performant Financial from Outperform to Market Perform.

Allscripts Healthcare Solutions (NASDAQ: MDRX) shares fell 16.09% to $11.37 on downbeat Q3 earnings. Evercore Partners downgraded Allscripts Healthcare from Buy to Hold.

Ubiquiti Networks (NASDAQ: UBNT) shares dipped 15.90% to $29.12 after the company reported weaker-than-expected FQ1 results and issued a downbeat Q2 outlook. Wunderlich lowered the price target on Ubiquiti Networks from $55.00 to $50.00.

Fairway Group Holdings (NASDAQ: FWM) declined 14.34% to $2.33 after the company reported a Q2 loss of $0.40 per share on revenue of $194.0 million. Credit Suisse lowered the price target on Fairway Group from $4.00 to $2.50.

Abercrombie & Fitch Co (NYSE: ANF) shares declined 12.21% to $31.06 after the company issued a downbeat profit outlook.

Universal Display (NASDAQ: OLED) tumbled 4.87% to $26.00 after the company reported Q3 earnings of $0.09 per share on revenue of $32.89 million.

 

Related Articles (SLXP + ROKA)

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