Morning Market Losers
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.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.