Market Overview

Morning Market Losers

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Flotek Industries Inc (NYSE: FTK) shares dropped 31.99 percent to $9.93 following earlier announcement of understated well outputs and incorrect data.

Real Goods Solar, Inc. - Class A (NASDAQ: RGSE) tumbled 32.48 percent to $0.790. RGS Energy reported a Q3 loss of $0.35 per share on revenue of $10.4 million.

Mannatech, Inc. (NASDAQ: MTEX) slipped 21percent to $20.45. Mannatech reported Q3 earnings of $0.03 per share on sales of $43.9 million.

Scientific Games Corp (NASDAQ: SGMS) fell 20.44 percent to $9.20. Scientific Games reported Q3 adjusted loss of $0.85 per share on revenue of $671.6 million.

Textura Corp (NYSE: TXTR) declined 18.25 percent to $24.06. Textura reported downbeat Q3 sales and issued a weak sales forecast.

ExOne Co (NASDAQ: XONE) shares dipped 16.87 percent to $8.67 after the company reported downbeat quarterly results.

RigNet Inc (NASDAQ: RNET) dropped 14.93 percent to $27.01. RigNet reported Q3 adjusted earnings of $0.17 per share on revenue of $66.3 million.

MannKind Corporation (NASDAQ: MNKD) shares fell 11.94 percent to $2.32 after declining 8.36 percent on Monday.

Cyberark Software Ltd (NASDAQ: CYBR) slipped 5.65 percent to $42.25. Bank of America downgraded CyberArk Software from Buy to Neutral and lowered the price target from $80.00 to $48.00.

Rockwell Automation (NYSE: ROK) shares declined 5.48 percent to $101.88 after the company reported weaker-than-expected results for its fiscal fourth quarter and issued a weak forecast.

Gap Inc (NYSE: GPS) shares dipped 2.85 percent to $26.90 after the company reported a 3 percent drop in its same-store sales for October. However, same-store sales for the third quarter declined 2 percent. The company also issued a weak earnings forecast for the third quarter.

 

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