Thursday, April 10, 2014

Morning Market Losers

Related IMPV Benzinga's Top #PreMarket Losers Stocks To Watch For April 10, 2014 Related TEU Box Ships Announces Commencement of Public Offering of Common Shares and Warrants Top 4 Stocks In The Shipping Industry With The Highest Dividend Yield

Imperva (NYSE: IMPV) shares tumbled 37.68% to $30.99 after the company cut its first-quarter outlook. Imperva now expected a loss of $0.40 to $0.44 per share, on revenue of $31 million to $31.5 million.

Box Ships (NYSE: TEU) slipped 18.49% to $1.94 after the company priced 5 million units at $2.05 per unit.

China Auto Logistic (NASDAQ: CALI) shares dropped 9.06% to $3.17 after the company announced 2013 results. China Auto Logistic posted its net income of $524,260, or $0.14 per share.

Bed Bath & Beyond (NASDAQ: BBBY) shares dropped 5.38% to $64.25 after the company reported a drop in its fiscal fourth-quarter profit and issued weak outlook for the current quarter. Analysts at Bank of America downgraded the stock from Buy to Neutral and lowered the target price from $87 to $72.

Carpenter Technology (NYSE: CRS) shares slipped 3.34% to $64.22 after the company reported preliminary Q3 GAAP earnings of $0.54 to $0.58 per share, versus analysts' estimates of $0.72 per share.

New Mountain Finance (NYSE: NMFC) fell 2.33% to $14.23 after the company priced 3.5 million shares at $14.57 per share for net proceeds of $51 million.

FireEye (NASDAQ: FEYE) slipped 2.07% to $55.22 after surging 7.72% on Wednesday.

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

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