Market Overview

Morning Market Losers


ChannelAdvisor Corporation (NYSE: ECOM) shares dipped 54.14% to $9.70 after the company issued a negative revenue outlook. Various analysts including Deutsche Bank, Janney Capital, Stifel Nicolaus, Baird downgraded ChannelAdvisor today.

Ocwen Financial Corp. (NYSE: OCN) shares slipped 25.35% to $9.10. California seeks to suspend the company's mortgage license, LA Times reported.

Aegean Marine Petroleum Network Inc. (NYSE: ANW) dropped 10.73% to $12.98. Aegean Marine Petroleum Network announced the upsizing and pricing of public offering of 4.00% Convertible Senior Notes due 2018.

The Fresh Market, Inc. (NASDAQ: TFM) declined 7.85% to $37.59. The Fresh Market appointed Sean Crane as interim CEO and reaffirmed FY14 outlook.

Big 5 Sporting Goods Corp. (NASDAQ: BGFV) fell 7.56% to $11.99 after the company reported downbeat sales results for the fiscal fourth quarter and issued a weak earnings forecast for the fourth quarter.

Antares Pharma Inc. (NASDAQ: ATRS) shares dropped 6.70% to $2.4350 after the company provided an update to its QuickShot Testosterone program.

Apartment Investment and Management Company (NYSE: AIV) slipped 3.20% to $39.02 after the company reported the pricing of 8.2 million share public offering.

Juno Therapeutics Inc.(NASDAQ: JUNO) shares dropped 3.14% to $59.58 after jumping 13.34% on Monday. Analysts at JP Morgan initiated coverage on Juno Therapeutics with a Overweight rating.

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


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