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Morning Market Losers

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eHealth, Inc.(NASDAQ: EHTH) shares dipped 52.50% to $9.88 after the company reported preliminary Q4 and FY14 results. eHealth reported preliminary FY14 EPS of $(0.13) to (0.04), versus analysts' estimates of $0.05 per share.

RadioShack Corp. (NYSE: RSH) shares slipped 31.65% to $0.28. RadioShack is preparing to file for bankruptcy as early as next month, according to reports.

Educational Development Corporation (NASDAQ: EDUC) shares dropped 18.88% to $4.58. On Wednesday, Educational Development reported Q3 earnings of $0.13 per share on revenue of $10.90 million.

BlackBerry Limited(NASDAQ: BBRY) shares declined 16.17% to $10.56 on Samsung denial of acquisition interest. Shares of BlackBerry jumped more than 29% yesterday, following a report from Reuters, that Samsung Electronics Co. Ltd. (OTC: SSNLF) had approached the Canadian handset maker with a takeover bid. However, BlackBerry denied talking with Samsung regarding a takeover deal.

Best Buy Co., Inc. (NYSE: BBY) shares slipped 15.41% to $33.76 on holiday sales data and weak guidance. Best Buy reported that its domestic comparable-store sales for the nine weeks ended January 3, 2015 rose 2.6%, an improvement from the 0.9% decline the company saw in the same period a year ago.

Bank of America Corporation (NYSE: BAC) shares declined 2.74% to $15.60 after the bank reported lower profit in the fourth quarter.

Citigroup Inc. (NYSE: C) shares slipped 2.34% to $47.90 after the bank reported a drop in its fourth-quarter profit.

 

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