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Morning Market Losers

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Synta Pharmaceuticals Corp. (NASDAQ: SNTA) shares dropped 70.69 percent to $0.598 after the company reported the termination for futility of ganetespib Phase 3 GALAXY-2 trial in lung cancer.

VMware, Inc. (NYSE: VMW) shares slipped 15.40 percent to $58.17 after the company issued a weak revenue forecast. EMC and VMware reported a new cloud services unit. Sterne Agee CRT downgraded VMware from Buy to Neutral and lowered the price target from $88.00 to $75.00.

Celestica Inc (NYSE: CLS) shares fell 11.98 percent to $11.54 on downbeat quarterly results.

Angie's List Inc (NASDAQ: ANGI) tumbled 11.40 percent to $5.52 after the company reported downbeat Q3 sales and lowered its FY15 sales outlook.

Helix Energy Solutions Group Inc (NYSE: HLX) shares fell 10.32 percent to $5.86 after the company reported weak quarterly revenue.

Silgan Holdings Inc. (NASDAQ: SLGN) declined 7.76 percent to $50.89 after the company reported weaker-than-expected Q3 earnings.

Chipotle Mexican Grill, Inc. (NYSE: CMG) fell 7.19 percent to $654.92 in pre-market trading after the company reported downbeat earnings for the third quarter.

Micron Technology, Inc. (NASDAQ: MU) shares slipped 5.15 percent to $16.21. Bank of America downgraded Micron from Neutral to Underperform.

EMC Corporation (NYSE: EMC) shares declined 4.53 percent to $26.25 after the company reported weaker-than-expected earnings for the third quarter.

Yahoo! Inc. (NASDAQ: YHOO) shares dropped 2.53 percent to $32.00 after the company reported weaker-than-expected results for the third quarter.

 

Related Articles (SNTA + VMW)

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