Morning Market Losers

Westport Innovations Inc. 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. 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.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.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. 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. 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 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.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. EEP shares declined 4.27% to $36.31 after the company priced stock offering at $36.70 per share. Gladstone Investment Corporation GAIN shares fell 3.55% to $7.33 after the company priced a 3.3 million offering at $7.40 per share.
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