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Morning Market Losers

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InfoSonics Corporation (NASDAQ: IFON) shares slipped 42.45 percent to $1.83. InfoSonics reported a Q2 loss of $0.05 per share on revenue of $10.9 million.

MER Telemanagement Solutions Ltd. (NASDAQ: MTSL) shares dropped 37.06 percent to $1.80. MER Telemanagement Solutions reported a Q2 loss of $0.03 per share on revenue of $4.8 million.

PostRock Energy Corporation (NASDAQ: PSTR) declined 32.39 percent to $1.55 after the company reported Q2 results.

Approach Resources Inc. (NASDAQ: AREX) shares slipped 31.73 percent to $2.13. Approach Resources reported a Q2 loss of $0.07 per share.

Keurig Green Mountain Inc (NASDAQ: GMCR) shares dipped 29.98 percent to $52.50. Keurig Green Mountain reported better-than-expected earnings for its fiscal third quarter, but the company's sales missed analysts' estimates. The company also issued a weak forecast. Keurig Green Mountain reported a $1 billion stock repurchase program and announced its plans to lower around 5 percent of its workforce.

Shutterstock Inc (NYSE: SSTK) fell 26.29 percent to $37.41 after the company issued a weak sales forecast and announced the resignation of its CFO.

Sequenom, Inc. (NASDAQ: SQNM) dropped 23.59 percent to $2.15 on downbeat quarterly results.

Olympic Steel, Inc. (NASDAQ: ZEUS) declined 18.67 percent to $ 9.80. Olympic Steel reported a Q2 loss of $1.99 per share on revenue of $315.25 million.

Jones Energy Inc (NYSE: JONE) fell 11.63 percent to $5.70 on weaker-than-expected Q2 results.

Twenty-First Century Fox Inc (NASDAQ: FOXA) shares tumbled 9.15 percent to $29.00. Twenty-First Century Fox reported better-than-expected earnings for the fourth quarter, but the company's sales missed analysts' estimates. The company announced a $5 billion stock buyback program and lowered its profit outlook for year.

Tesla Motors Inc (NASDAQ: TSLA) shares declined 8.75 percent to $246.51. Tesla reported narrower-than-expected adjusted loss for the second quarter on Wednesday, but the company cut its full-year delivery guidance.

Geron Corporation (NASDAQ: GERN) shares dropped 3.36 percent to $3.88. Geron reported in-line loss for its second quarter, but the company's revenue missed analysts' expectations.

 

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