Market Overview

Morning Market Losers

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Triangle Petroleum (NYSE: TPLM) shares fell 21.69% to $3.85. Crude oil futures fell 2.55% to trade at $62.19 a barrel.

Miller Energy Resources (NASDAQ: MILL) shares dipped 19.44% to $1.09 after the company reported a loss in the fiscal second quarter.

Lands' End (NASDAQ: LE) shares tumbled 14.77% to $43.18 after the company reported downbeat sales for the third quarter. However, the company reported a rise in its earnings.

Allot Communications (NASDAQ: ALLT) shares declined 11.01% to $8.05. Bank of America downgraded Allot Communications from Buy to Underperform and lowered the price target from $17.00 to $10.50.

IGI Laboratories (NYSE: IG) declined 9.10% to $9.59 after the company announced a proposed offering of $125 million of convertible senior notes due 2019.

Krispy Kreme Doughnuts (NYSE: KKD) shares dropped 6.79% to $18.81 after the company reported weaker-than-expected financial results for the third quarter.

Yum! Brands (NYSE: YUM) slipped 4.05% to $72.17 after the company cut its forecast for the year and said sales in China are recovering at a slower-than-expected pace.

NQ Mobile (NYSE: NQ) shares fell 1.21% to $5.96 following management change announcement.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

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