Market Overview

Morning Market Losers

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Pieris Pharmaceuticals Inc (NASDAQ: PIRS) shares declined 18.10 percent to $2.67. Pieris Pharmaceuticals priced public offering of 9,090,909 shares of common stock at $2.75 per share.

MBIA Inc. (NYSE: MBI) shares dipped 17.27 percent to $5.27.

Apollo Education Group Inc (NASDAQ: APOL) shares dropped 14.80 percent to $13.24. Apollo Education reported better-than-expected earnings for its fiscal third quarter. However, the company lowered its forecast for the year ending in August.

Tuesday Morning Corporation (NASDAQ: TUES) fell 11.53 percent to $11.67. Tuesday Morning announced the resignation of its CFO Jeffrey Boyer.

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) shares dropped 7.74 percent to $17.78. Schnitzer Steel reported a FQ3 loss of $9.6 million.

Abercrombie & Fitch Co. (NYSE: ANF) shares slipped 2.71 percent to $21.54. FBR Capital downgraded Abercrombie & Fitch from Outperform to Market Perform and maintained the price target of $24.00.

Herman Miller, Inc. (NASDAQ: MLHR) shares slipped 2.18 percent to $29.20. Longbow Research downgraded Herman Miller from Buy to Neutral.

Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) shares declined 1.50 percent to $67.66. Gold futures slipped 0.78 percent to trade at $1,169.80 an ounce.

 

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