Market Overview

Morning Market Losers

Share:

Fluidigm Corporation (NASDAQ: FLDM) tumbled 43.48 percent to $11.27 after the company reported weaker-than-expected Q2 results.

TCP International Holdings Ltd (NYSE: TCPI) shares slipped 34.20 percent to $3.05 on weak Q2 results.

Tangoe Inc (NASDAQ: TNGO) shares declined 32.46 percent to $6.99 after the company reported downbeat Q2 results and lowered its FY15 guidance.

NeoPhotonics Corp (NYSE: NPTN) shares fell 32.09 percent to $6.03 after the company reported Q2 results.

Iconix Brand Group Inc (NASDAQ: ICON) shares dropped 26.07 percent to $14.49 after the company reported that the long-time CEO Neil Cole was stepping down from his position with immediate effect.

Charles & Colvard, Ltd. (NASDAQ: CTHR) declined 23.53 percent to $1.30. Charles & Colvard reported a Q2 loss of $0.20 per share on revenue of $7.5 million.

Incontact Inc (NASDAQ: SAAS) shares slipped 22.59 percent to $7.30. inContact reported a Q2 loss of $0.12 per share on revenue of $53.07 million.

Noodles & Co (NASDAQ: NDLS) shares dipped 21.73 percent to $11.85 after the company reported weaker-than-expected results for the second quarter and issued a downbeat FY15 forecast.

Ubiquiti Networks Inc (NASDAQ: UBNT) shares slipped 8.55 percent to $29.31. Ubiquiti Networks reported Q4 earnings of $0.50 per share on revenue of $145.3 million. Wunderlich downgraded Ubiquiti Networks from Buy to Hold and lowered the price target from $37.00 to $36.00.

Sprouts Farmers Market Inc (NASDAQ: SFM) shares fell 6.43 percent to $21.99. Sprouts Farmer Market reported Q2 adjusted earnings of $0.22 per share on revenue of $902.2 million. The company also appointed CEO Doug Sanders as Board Chairman.

Groupon Inc (NASDAQ: GRPN) shares declined 2.35 percent to $4.57 after the company reported results for the second quarter. The company posted quarterly adjusted earnings of $0.02 per share on revenue of $738.4 million.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

Related Articles (CTHR + FLDM)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Benzinga's Top Initiations

Computer Sciences' Coming Spin-Off Makes It Worth Considering, Says Citi