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Morning Market Losers

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Akers Biosciences Inc (NASDAQ: AKER) shares dipped 29.37 percent to $2.67. Akers Biosciences posted a Q2 loss before income tax of $2,086,229, on revenue of $966,922.

Aegean Marine Petroleum Network Inc. (NYSE: ANW) tumbled 13.33 percent to $9.75 after the company reported downbeat Q2 earnings.

SFX Entertainment Inc (NASDAQ: SFXE) shares declined 12.02 percent to $1.17. Stifel analyst Benjamin E. Mogil downgraded the rating on SFX Entertainment from Hold to Sell, with a price target of $1.

Amira Nature Foods Ltd (NYSE: ANFI) dropped 10.24 percent to $6.75. BMO Capital downgraded Amira Nature Foods from Outperform to Market Perform.

Vera Bradley, Inc. (NASDAQ: VRA) fell 8.95 percent to $9.97. Jefferies downgraded Vera Bradley from Buy to Hold and lowered the price target from $18.00 to $11.00.

JD.Com Inc(ADR) (NASDAQ: JD) shares slipped 4.13 percent to $26.20 after falling 2.81 percent on Monday.

SanDisk Corporation (NASDAQ: SNDK) shares dropped 2.49 percent to $56.75. Bank of America downgraded SanDisk from Buy to Underperform and lowered the price target from $75.00 to $40.00.

 

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