Morning Market Losers
Astea International Inc (NASDAQ: ATEA) shares dipped 17.06% to $4.57 at 9:55 am. ATEA's fourth-quarter net income available to shareholders came in at $480,000, versus $1.2 million, in the year-ago period.
Iridium Communications Inc (NASDAQ: IRDMZ) fell 16% to $1.68. IRDMZ shares have surged 29.03% over the past 52 weeks, while the S&P 500 index has gained 7.36% in the same period.
NewLead Holdings Ltd (NASDAQ: NEWL) shares lost 14.20% to $1.39. NEWL's trailing-twelve-month ROE is -258.25%.
Kingold Jewelry Inc (NASDAQ: KGJI) dropped 13.97% to $1.54. KGJI reported its Q4 revenue at $168.5 million, down from $185 million, in the year-ago quarter.
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