Market Overview

Morning Market Losers

Share:

Canadian Solar Inc. (NASDAQ: CSIQ) shares dropped 17.98 percent to $20.25. Canadian Solar reported better-than-expected Q2 results and issued a weak forecast.

Tarena International Inc(ADR) (NASDAQ: TEDU) shares dipped 16.83 percent to $10.13. Tarena reported Q3 earnings of $0.05 per share on revenue of $41.3 million.

China Distance Education Hldgs Ltd (ADR) (NYSE: DL) shares dropped 10.66 percent to $10.06. China Distance Education reported Q3 earnings of $0.146 per share on revenue of $28.8 million and lowered its FY15 revenue forecast. The company also announced a $10 million buyback plan.

Flexsteel Industries, Inc. (NASDAQ: FLXS) shares fell 10.04 percent to $37.42. Flexsteel Industries posted Q4 adjusted earnings of $0.75 per share, on revenue of $121.3 million.

Web.com Group Inc (NASDAQ: WWWW) shares slipped 9.80 percent to $21.44 after the company announced a cyber breach. The company said it will give notice to potentially affected customers soon.

Esperion Therapeutics Inc (NASDAQ: ESPR) shares slipped 1.74 percent to $63.06. Needham downgraded Esperion Therapeutics from Strong Buy to Buy.

MediciNova, Inc. (NASDAQ: MNOV) shares declined 1.42 percent to $3.47 after the company priced offering of 5,000,000 shares at $3.50 per share.

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

 

Related Articles (CSIQ + DL)

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

Citi Sees 'Green Shoot' In Army Budget

SunEdison's Upside Scenario Is Enormous: Needham Digs In