Morning Market Losers

Novogen NVGN shares tumbled 28.07% to $3.87 after jumping 214.62% on Tuesday. B/E Aerospace BEAV shares slipped 27.18% to $54.15. KLX announced it begins regular way trading today following its spin-off from B/E Aerospace. Cliffs Natural Resources CLF fell 13.38% to $5.89 after Credit Suisse reduced the price target from $10 to $1. Ruby Tuesday RT shares slipped 11.33% to $7.20 after the company reported a 1% y/y drop in its same-store sales in the second quarter. Ruby Tuesday in October had expected same-store growth of between 1% and 2% for the period ended December 2. Five Star Quality Care FVE fell 11.09% to $3.92. Five Star Quality Care reported Q1 EPS of $(0.12) and reported Q2 EPS of $(0.02). POZEN POZN shares slipped 10.08% to $8.12 following the announcement of a complete response letter from the FDA. FedEx FDX shares dropped 4.67% to $166.12 after the company reported weaker-than-expected fiscal second-quarter results.
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