Morning Market Losers

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Macrocure Ltd MCUR
shares dropped 74.51 percent to $3.07. Macrocure reported that its Phase III clinical trial of CureXcell in venous leg ulcers is not expected to meet primary endpoint. Oppenheimer downgraded Macrocure from Outperform to Perform and removed the price target of $20.00.
Amira Nature Foods LtdANFI
shares declined 34.77 percent to $3.02. Amira Nature Foods announced that the Audit Committee has engaged ASA & Associates LLP as the independent auditors.
Stage Stores IncSSI
shares fell 30.24 percent to $11.79 after the company reported weaker-than-expected earnings for the second quarter and lowered its forecast for the full year.
Jumei International Holding Ltd(ADR) JMEI
slipped 23.49 percent to $12.80. Jumei Int'l reported Q2 sales of $308.1 million and adjusted earnings of $0.13 per share.
Kirkland's, Inc. KIRK
shares dropped 13.27 percent to $23.14. Kirkland's reported a Q2 loss of $0.13 per share on revenue of $115.3 million.
Momo Inc (ADR) MOMO
shares dipped 3 percent to $15.50. Momo reported Q2 adjusted earnings of $0.03 per ADS on sales of $30.7 million.
Walt Disney Co DIS
shares slipped 2.95 percent to $103.31. Bernstein downgraded Disney from Outperform to Market Perform.
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