Morning Market Losers

Regulus Therapeutics Inc RGLS shares tumbled 12.34 percent to $12.08 after the company reported that Kleanthis G. Xanthopoulos will step down as President and CEO. The company named Paul Grint as President and CEO. ReneSola Ltd. (ADR) SOL shares dropped 11.19 percent to $1.27. ReneSola reported Q1 earnings of $0.18 per ADS on sales of $349 million. PPL Corp PPL shares slipped 8.20 percent to $31.92. On Monday, PPL reported the closing of spinoff of competitive supply unit and reaffirmed its FY15 earnings forecast of $2.05 to $2.25 per share. Ctrip.com International, Ltd. (ADR) CTRP shares slipped 7.09 percent to $75.84 following the confirmation of a rejected bid for Qunar Cayman Islands Ltd QUNR. Acorda Therapeutics Inc ACOR shares slipped 5.89 percent to $28.58 following the report of a clinical hold. TubeMogul Inc TUBE shares dropped 4.78 percent to $16.32. TubeMogul filed registration for a $75 million common stock offering. The Carlyle Group LP CG declined 4.39 percent to $29.61 after the company reported an offering of 7 million common units. Daktronics, Inc. DAKT slipped 4.08 percent to $10.35. Daktronics reported weaker-than-expected earnings for the fiscal fourth quarter, but the company's sales exceeded analysts' estimates. Delta Air Lines, Inc. DAL shares fell 2.05 percent to $43.44 after the company announced financial and operating performance for May. Its capacity climbed 4 percent in May, while load factor narrowed to 85.4 percent. Traffic gained 2.7 percent in the month.