Market Overview

Morning Market Losers


Westport Innovations Inc. (NASDAQ: WPRT) shares dipped 16.81% to $4.72. Westport reported a Q4 loss of $1.02 per share on revenue of $27.4 million.

Mitcham Industries Inc. (NASDAQ: MIND) shares declined 13.51% to $5.25. Mitcham Industries projected Q4 revenue of $13 million to $15 million and pre-tax loss of $10 million to $12 million.

Alcobra Ltd.(NASDAQ: ADHD) shares fell 13.35% to $6.10 after the company reported that that its Phase II safety and tolerability study of a single administration of MDX in adolescent patients with ADHD achieved its primary endpoint.

Akorn, Inc.(NASDAQ: AKRX) shares dropped 13.21% to $44.99. Akorn reiterated 2015 revenue of $960 million to $980 million and adjusted earnings of $1.88 to $1.98 per share.

Titan Machinery, Inc. (NASDAQ: TITN) slipped 12.25% to $12.32 after the company reported preliminary results for fiscal fourth quarter and full year. Titan reported preliminary FY15 sales of $1.9 billion.

United Natural Foods, Inc. (NASDAQ: UNFI) shares dropped 6.30% to $76.35 after the company reported weaker-than-expected earnings for the fiscal second quarter and cut its full-year guidance.

Calumet Specialty Products Partners LP (NASDAQ: CLMT) shares fell 9.05% to $25.32 after the company priced an offering of 6 million shares at $26.75 per share.

Rosetta Resources, Inc.(NASDAQ: ROSE) shares dropped 5.35% to $17.00 after the company priced 12 million share offering at total gross proceeds of $206.5 million.

Enbridge Energy Partners, L.P. (NYSE: EEP) shares declined 4.27% to $36.31 after the company priced stock offering at $36.70 per share.

Gladstone Investment Corporation (NASDAQ: GAIN) shares fell 3.55% to $7.33 after the company priced a 3.3 million offering at $7.40 per share.

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


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