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Morning Market Losers

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RadiSys Corporation (NASDAQ: RSYS) shares fell 22.40% to $1.94 after the company reported downbeat Q4 results. Needham downgraded Radisys from Buy to Hold.

Mueller Water Products, Inc. (NYSE: MWA) shares slipped 15.46% to $8.91 after the company reported weaker-than-expected Q1 results.

Calix Inc. (NASDAQ: CALX) shares dropped 15.26% to $8.94 after the company reported Q4 earnings of $0.13 per share on revenue of $111.6 million. The company expected Q1 loss of $0.09 to $0.04 per share. Goldman Sachs downgraded Calix from Buy to Neutral.

Myriad Genetics Inc. (NASDAQ: MYGN) shares tumbled 13.41% to $33.01 after the company cut its full-year outlook and announced the retirement of its CEO Peter Meldrum.

Ralph Lauren Corporation (NYSE: RL) shares declined 10.85% to $152.29 after the company reported weaker-than-expected results for its fiscal third quarter.

Rex Energy Corporation (NASDAQ: REXX) shares dropped 10.20% to $4.49 after gaining 23.46% on Tuesday.

Powell Industries, Inc. (NASDAQ: POWL) fell 10.15% to $37.80 after the company reported downbeat Q1 results and lowered its FY15 outlook.

Gilead Sciences Inc. (NASDAQ: GILD) shares slipped 9.28% to $97.24 after the company beat fourth-quarter estimates, but offered a forecast below expectations.

Wynn Resorts Ltd. (NASDAQ: WYNN) shares declined 1.69% to $153.17 after the company reported financial results for the fourth quarter and missed analyst expectations.

 

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