Market Overview

Morning Market Losers

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TriNet Group Inc (NYSE: TNET) shares fell 43.01 percent to $15.08. TriNet Group reported Q2 earnings of $0.14 per share on revenue of $137.5 million.

On Deck Capital Inc (NYSE: ONDK) slipped 23.45 percent to $ 10.25 on Q2 results. Deutsche Bank downgraded On Deck Capital from Buy to Hold and lowered the price target to $14.00.

Cognex Corporation (NASDAQ: CGNX) shares declined 24.43 percent to $33.97 after the company reported downbeat Q2 sales and issued a weak sales forecast for the third quarter.

Endologix, Inc. (NASDAQ: ELGX) fell 14.79 percent to $11.98 on downbeat Q2 earnings.

Allstate Corp (NYSE: ALL) shares dropped 9.90 percent to $62.51 after the company reported disappointing Q2 earnings.

Halyard Health Inc (NYSE: HYH) shares fell 9.43 percent to $36.01 after the company reported downbeat Q2 results and lowered its full-year forecast.

CVS Health Corp (NYSE: CVS) shares declined 4.42 percent to $107.83 after the company issued a weak earnings forecast for the third quarter.

Microchip Technology Inc. (NASDAQ: MCHP) shares dropped 1.81 percent to $42.01 after the company reported downbeat Q1 results.

 

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