Morning Market Losers
Vanceinfo Technologies Inc (NYSE: VIT) fell 26.57% to $13.90 at 9:50 am. VIT reported lower Q2 net income and issued downbeat projections.
ValueVision Media Inc (NASDAQ: VVTV) shares lost 26.35% to $3.83. VVTV posted a Q2 loss of $0.09 per share.
New Energy Systems Group (AMEX: NEWN) shares dipped 26.18% to $2.51. NEWN reported a 1% y/y decline in its Q2 revenue.
Astea International Inc (NASDAQ: ATEA) dropped 23.16% to $3.65. ATEA posted a Q2 net loss of $0.8 million.
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