Morning Market Losers
QuinStreet Inc (NASDAQ: QNST) dipped 19.70% to $11.78 at 9:55 am. QNST issued weaker-than-expected fiscal 2012 revenue projections.
Cogo Group Inc (NASDAQ: COGO) shares moved down 16.90% to $5.26. Analysts at Ticonderoga downgraded COGO from “buy” to “neutral.”
Recon Technology Ltd (NASDAQ: RCON) fell 13.33% to $1.17. RCON shares have dropped 76.11% over the past 52 weeks, while the S&P 500 index has gained 20.99% in the same period.
B.O.S. Better Online Solutions Ltd (NASDAQ: BOSC) shares dropped 12.00% to $3.30. BOSC's trailing-twelve-month profit margin is -1.57%.
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