Top Losers: Potbelly (NASDAQ:PBPB), Net Element International (NASDAQ:NETE), Lumber Liquidators (NYSE:LL), Ocera Therapeutics Inc (NASDAQ:OCRX)

Technology Stocks News 19

Potbelly Corp. (NASDAQ:PBPB), the hot-sandwich seller that went public nine months ago, dropped the most since its October initial public offering after its annual profit forecast and quarterly sales trailed analysts’ estimates. Potbelly Corp (NASDAQ:PBPB) stock performance was -25.12% in last session and finished the day at $10.97. Traded volume was 7.27million shares in the last session and the average volume of the stock remained 476.35K shares. Potbelly Corp (NASDAQ:PBPB) insider ownership is 4.60%.

Net Element, Inc. (NASDAQ:NETE) (“Net Element” or the “Company), a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States, announced on 07 July 2014 that William Healy has been appointed to the Net Element’s Board of Directors, effective June 30, 2014, and will serve on the Board’s Audit, Compensation, Nominating and Corporate Governance Committees. Net Element International Inc (NASDAQ:NETE) dropped -21.84 percent to $1.36 Thursday on volume of 269,532.00million shares. The intra-day range of the stock was $1.21 to $1.74. Net Element International Inc (NASDAQ:NETE) has a market capitalization of $56.09million.

Shares of Home Depot Inc. and Lowe’s Cos., the two largest U.S. home-improvement retailers, declined Thursday after a Deutsche Bank AG analyst lowered sales and profit estimates because of weak results at rivals. Michael Baker, an analyst at Deutsche Bank in New York, cut earnings projections for both chains by 1 cent a share. Second-quarter profit at Home Depot may be $1.44 a share, while Lowe’s may come in at $1.02, he said Thursday in a note. Baker continues to recommend buying Lowe’s shares and maintained his hold rating on Home Depot. The cuts are due to weaker-than-expected results at Toano, Virginia-based Lumber Liquidators Holdings Inc (NYSE:LL), which Wednesday lowered its forecast for profit this year to as much as $3 a share, from as much as $3.60. Its second-quarter same-store sales slid 7.1 percent. Lumber Liquidators Holdings Inc (NYSE:LL)’s stock on July 10, 2014 reported a decrease of -21.54% to the closing price of $55.25. Its fifty two weeks range is $54.31 -$119.98. The total market capitalization recorded $1.52billion. The overall volume in the last trading session was 10.37million shares. In its share capital, LL has 27.43million outstanding shares.

Ocera Therapeutics Inc (NASDAQ:OCRX) announced that it has priced an underwritten public offering of 4.20 million shares of its common stock at an offering price of $6.00 per share. On Thursday, shares of Ocera Therapeutics Inc (NASDAQ:OCRX) dropped -16.55% to close the day at $5.95. Company monthly performance is recorded as -15.12%. Ocera Therapeutics Inc (NASDAQ:OCRX) quarterly revenue growth is -37.83%.

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