Morning Market Losers

RADA Electronic Ind. Ltd. RADA dipped 33.15 percent to $1.23 after the company priced a public offering of 6,910,569 of its ordinary shares at $1.23 per share. World Fuel Services Corp INT shares tumbled 25.52 percent to $35.17 after the company reported downbeat Q2 earnings. Ocwen Financial Corp OCN dipped 21.34 percent to $9.25 after the company reported weaker-than-expected Q2 earnings. QLogic Corporation QLGC shares slipped 20.83 percent to $9.01. QLogic reported Q2 earnings of $0.19 per share on revenue of $113.4 million. BMO Capital Markets analyst Keith Bachman downgraded QLogic from Outperform to Market Perform, while reducing the price target from $12 to $10.50. Solazyme Inc SZYM shares dropped 16.38 percent to $2.46 on weaker-than-expected Q2 results. Oculus Innovative Sciences, Inc. OCLS declined 15.82 percent to $1.49. Oculus Innovative Sciences reported a Q1 net loss of $2.3 million, on total revenue of $3.7 million. VIVUS, Inc. VVUS dropped 15.03 percent to $1.47. VIVUS posted a Q2 net loss, excluding inventory impairment charges, of $0.19 per share on revenue of $23.0 million. The company also announced a corporate restructuring. Hanesbrands Inc. HBI shares fell 11.78 percent to $30.12 after the company reported downbeat Q2 sales and lowered its FY15 sales forecast. LinkedIn Corp LNKD shares declined 9.42 percent to $205.76. LinkedIn reported stronger-than-expected results for its second quarter. RAIT Financial Trust RAS dropped 8.42 percent to $5.33. RAIT Financial Trust priced its 8 million share offering at $5.55 per share. FireEye Inc FEYE shares declined 6.94 percent to $44.45. FireEye reported a narrower-than-expected Q2 loss and announced that its CFO Michael Sheridan will step down. Synaptics, Incorporated SYNA shares dipped 6.18 percent to $74.37 after the company reported weaker-than-expected Q4 earnings.
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