Morning Market Losers
Benzinga 11 years ago
NewsMovers & ShakersIntraday UpdateMarkets
Hercules Offshore, Inc. (NASDAQ: HERO) tumbled 62.65 percent to $0.249 following Wednesday's announcement of restructuring with debt holders.
Organovo Holdings Inc (NYSE: ONVO) slipped 13.65 percent to $4.49 after the company priced a $40 million public offering of common stock.
Noranda Aluminum Holding Corp. (NYSE: NOR) shares declined 11.38 percent to $1.09 after the company announced its plans to evaluate strategic alternatives.
Oracle Corporation (NYSE: ORCL) shares dropped 7.89 percent to $41.37 after the company reported weaker-than-expected results for its fiscal fourth quarter.
Supercom Ltd (NASDAQ: SPCB) shares dipped 7.82 percent to $12.50 after the company priced 2.1 million shares at $12 per share.
Jabil Circuit, Inc. (NYSE: JBL) shares fell 7.11 percent to $22.60 after the company reported downbeat revenue for its fiscal third quarter and issued a weak revenue guidance for the current quarter.
Famous Dave's of America, Inc. (NASDAQ: DAVE) shares dropped 6.34 percent to $19.50 after the company reported that its CEO Ed Rensi is stepping down, effective immediately.
Rite Aid Corporation (NYSE: RAD) shares slipped 5.72 percent to $8.41 after the company reported results for its fiscal first quarter and lowered its profit forecast for the full year.
Southwest Airlines Co (NYSE: LUV) shares dropped 1.27 percent to $33.41. Barclays downgraded Southwest to Underweight.
