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Morning Market Losers

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CareTrust REIT (NASDAQ: CTRE) tumbled 32.32% to $12.44. On Wednesday, CareTrust REIT announced the completion of special dividend payment.

RadioShack (NYSE: RSH) dropped 6.16% to $0.52 after the company posted a wider-than-expected loss for the third quarter.

Bravo Brio Restaurant Group (NASDAQ: BBRG) shares declined 5.87% to $12.99 after the company announced the preliminary results of modified "Dutch Auction" tender offer for its common shares.

Star Gas Partners, L.P. (NYSE: SGU) fell 4.52% to $5.91. Star's net loss widened by $11.9 million to $25.8 million in the fiscal fourth quarter.

The Men's Wearhouse (NYSE: MW) declined 3.81% to $40.60 after the company reported downbeat earnings for the third quarter.

Ariad Pharmaceuticals (NASDAQ: ARIA) shares dropped 3.84% to $6.75. Credit Suisse downgraded ARIAD Pharmaceuticals from Neutral to Underperform and lowered the price target from $8.00 to $6.00.

 

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