Market Overview

Morning Market Losers

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Majesco Entertainment Co (NASDAQ: COOL) shares dipped 32.53% to $0.72 at 10:00 am. Majesco Entertainment posted a Q4 net loss of $2.7 million, versus a year-ago net loss of $3.9 million. The company projects drop in its fiscal 2013 sales.

Kingtone Wirelessinfo Solution Holding (NASDAQ: KONE) fell 21.15% to $2.46. Kingtone Wirelessinfo Solution's trailing-twelve-month operating margin is -145.76%.

Coldwater Creek (NASDAQ: CWTR) shares lost 18.20% to $4.09. Coldwater Creek cut its Q4 EPS forecast.

Multi-Fineline Electronix (NASDAQ: MFLX) dropped 17.90% to $17.48. MFLEX expects Q1 gross margin to be around 8.5%, below its earlier forecast range, versus 12.2% in the year-ago period.

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