Morning Market Losers
Blue Coat Systems Inc (NASDAQ: BCSI) fell 20.48% to $14.06 at 9:50 am. BCSI reported downbeat Q1 profit.
Lizhan Environmental Corporation (NASDAQ: LZEN) shares lost 16.90% to $1.18. LZEN's 52-week trading range is $1.18-$4.25.
Taomee Holdings Ltd (NYSE: TAOM) shares dipped 14.02% to $11.22. TAOM reported a 22.6% y/y rise in its Q2 total net revenue.
Xueda Education Group (NYSE: XUE) dropped 12.37% to $7.01. XUE issued downbeat Q3 revenue projections.
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