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Morning Market Losers

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The Wet Seal, Inc.(NASDAQ: WTSL) shares tumbled 36.06% to $0.05. Wet Seal has filed for Chapter 11 bankruptcy protection.

Precision Castparts Corp. (NYSE: PCP) shares fell 13.29% to $190.52 after the company issued a downbeat Q3 forecast.

TESSCO Technologies Inc. (NASDAQ: TESS) shares dropped 10.48% to $24.00 after the company reported Q3 financial results and withdrew FY15 outlook.

Roundy's, Inc. (NASDAQ: RNDY) shares slipped 9.77% to $3.56. Roundys projected Q1 sales of $980.0 million to $990.0 million. It also expected cash from continuing operations of $0 to -$0.05 per share.

BJ's Restaurants, Inc. (NASDAQ: BJRI) fell 7.23% to $43.64 after the company announced preliminary Q4 revenue.

Interactive Brokers Group, Inc.(NASDAQ: IBKR) shares slipped 5.55% to $26.70 following Swiss currency move.

GAIN Capital Holdings, Inc. (NYSE: GCAP) shares dipped 3.14% to $8.02 following Swiss currency move.

Intel Corporation (NASDAQ: INTC) dropped 1.58% to $35.62. Intel reported better-than-expected fourth-quarter profit, but said its gross margin will slip 5.4 points sequentially in the current period. Intel projected Q1 revenue of $13.7 billion and a gross margin of 60%.

The Goldman Sachs Group, Inc. (NYSE: GS) shares dropped 1.35% to $176.08 after the bank reported a drop in its fourth-quarter profit. The New York-based bank reported a quarterly profit of $2.17 billion, versus a year-ago profit of $2.33 billion.

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

 

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