Market Overview

Morning Market Losers


Pacific Sunwear of California, Inc. (NASDAQ: PSUN) shares tumbled 11.04 percent to $1.53. Pacific Sunwear reported a Q1 adjusted loss of $0.12 per share. It expected Q2 adjusted loss of $0.05 per share to a gain of $0.01 per share and sales of $201 million to $209 million. Mizuho Securities downgraded Pacific Sunwear from Buy to Neutral.

Cellectis SA (ADR) (NASDAQ: CLLS) shares dipped 7.71 percent to $43.98. The Financial Times reported Thursday that the company was in sales talks with Pfizer Inc. (NYSE: PFE) among potential buyers.

Greif, Inc. (NYSE: GEF) shares declined 7.14 percent to $38.78 after the company lowered its FY15 EPS outlook.

Splunk Inc (NASDAQ: SPLK) shares slipped 5.39 percent to $67.34. Splunk reported a narrower-than-expected loss for the first quarter and lifted its revenue forecast for the year.

Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) shares declined 4.98 percent to $6.20. Chardan Capital downgraded Himax Technologies from Neutral to Sell.

QAD Inc. (NASDAQ: QADA) shares dropped 4.70 percent to $24.12. QAD reported Q4 earnings of $0.52 per share on revenue of $79.6 million. Sidoti & Co. downgraded QAD from Buy to Neutral.

Cyberark Software Ltd (NASDAQ: CYBR) shares fell 2.89 percent to $62.40 after the company announced up to $250 million secondary offering.

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