Market Overview

Morning Market Losers

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Novogen Limited (ADR) (NASDAQ: NVGN) shares fell 20.33 percent to $7.35 following the announcement of AU$15.5 million placement.

Ultra Clean Holdings Inc (NASDAQ: UCTT) shares declined 15.08 percent to $5.80. Ultra Clean Holdings reported upbeat Q1 earnings, but issued a weak Q2 outlook.

Sanmina Corp (NASDAQ: SANM) tumbled 14.94 percent to $19.87 after the company reported downbeat quarterly results.

Rhino Resource Partners, L.P. (NYSE: RNO) dropped 11.76 percent to $2.10. Stifel Nicolaus downgraded Rhino Resource Partners from Hold to Sell.

Harley-Davidson Inc (NYSE: HOG) shares dipped 8.64 percent to $56.43 after the company reported upbeat Q1 profit, but cut its motorcycle-shipment outlook for 2015.

Packaging Corp Of America (NYSE: PKG) slipped 7.34 percent to $71.37 on downbeat quarterly earnings.

Under Armour Inc (NYSE: UA) shares fell 4.99 percent to $83.38 after the company reported in-line quarterly earnings.

Shake Shack Inc (NYSE: SHAK) fell 2.59 percent to $62.00. Stifel Nicolaus downgraded Shake Shack from Buy to Hold and removed the price target of $50.00

Perrigo Company plc Ordinary Shares (NYSE: PRGO) dropped 1.55 percent to $195.00. According to a report from the Wall Street Journal,

Travelers Companies Inc (NYSE: TRV) shares slipped 1.29 percent to $104.77 after the company reported a drop in its first-quarter profit. The company's sales also missed analysts' views.

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