Morning Market Losers

Daktronics Inc. DAKT shares dipped 12.28% to $11.36. Daktronics reported Q3 earnings of $0.01 per share on revenue of $118.12 million. CYREN Ltd. CYRN dropped 11% to $2.6699 after the company reported Q4 results. Rosetta Resources, Inc.ROSE shares tumbled 10.75% to $19.52 after the company reported downbeat Q4 earnings. Various analysts downgraded Rosetta Resources following earnings report. Federal-Mogul Holdings Corporation FDML shares fell 9.69% to $13.79 on weaker-than-expected Q4 earnings. Worthington Industries, Inc. WOR shares slipped 9.31% to $27.77 after the company issued a profit warning. Credit Suisse downgraded Worthington from Outperform to Neutral and lowered the price target from $40.00 to $30.00. PDL BioPharma, Inc.PDLI shares declined 8.23% to $6.74 after the company reported weaker-than-expected financial results for the fourth quarter. DealerTrack Technologies Inc TRAK shares dropped 5.11% to $42.40. DealerTrack Tech reported Q4 earnings of $0.42 per share on revenue of $237.3 million. The company expected FY earnings of $1.39 to $1.48 per share on revenue of $1.08 billion to $1.1 billion. Health Care REIT, Inc. HCN shares slipped 2.98% to $76.35 after the company announced a proposed offering of 17,000,000 shares of common stock and anticipated Q1 investment pipeline of $2.2 billion. Pall Corporation PLL shares dropped 2.80% to $100.05 after the company reported downbeat Q2 revenue and lowered its FY15 earnings guidance. Bank of Montreal BMO declined 2.67% to $59.83 after the company reported lower Q1 earnings.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMovers & ShakersIntraday UpdateMarketsmarket losersTop Losers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!