Market Overview

Morning Market Losers

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SunCoke Energy Inc (NYSE: SXC) shares fell 18.87 percent to $7.91. Suncoke Energy reported a Q3 loss of $0.36 per share on revenue of $336.9 million.

Sientra Inc (NASDAQ: SIEN) shares tumbled 16.55 percent to $5.85. Sientra has placed a temporary hold on sales of Sientra devices manufactured by Silimed.

Key Tronic Corporation (NASDAQ: KTCC) dropped 13.04 percent to $8.67. Keytronic expected Q1 earnings of $0.06 to $0.08 per share on sales of $126 million.

Capnia Inc (NASDAQ: CAPN) fell 10.16 percent to $2.21 after the company reported a private placement of up to $10 million in convertible preferred stock and warrants.

VMware, Inc. (NYSE: VMW) shares dipped 9.41 percent to $71.26 after Dell Inc agreed to buy EMC Corporation (NYSE: EMC) in a deal valued at around $67 billion. VMware issued a strong Q3 forecast.

Mid-Con Energy Partners LP (NASDAQ: MCEP) dropped 3.89 percent to $3.21. FBR Capital downgraded Mid-Con Energy Partners from Outperform to Market Perform and lowered the price target from $6.00 to $4.00.

Celanese Corporation (NYSE: CE) shares declined 1.78 percent to $63.85. Goldman Sachs downgraded Celanese to Neutral and lowered the price target to $71.00.

Ruth's Hospitality Group, Inc. (NASDAQ: RUTH) shares fell 1.75 percent to $15.72. Raymond James downgraded Ruth's Hospitality Group from Outperform to Market Perform.

Harley-Davidson Inc (NYSE: HOG) shares dropped 1.58 percent to $54.22. Longbow Research downgraded Harley-Davidson to Neutral.

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

 

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