Morning Market Losers

L & L Energy LLEN dropped 33.82% to $1.37 after the company announced strategic initiatives and voting results at Annual General Meeting of Shareholders. BPZ Resources BPZ dropped 11.24% to $2.14 after the company priced an offering of $125.0 million of 8.50% Convertible Senior Notes due 2017. DLH Holdings DLHC plummeted 11.21% to $0.95 after the company announced a $350,000 share repurchase plan. Pier 1 Imports PIR dropped 11.14% to $20.97 after the company reported a 32% drop in its fiscal second-quarter earnings and cut its full-year earnings forecast.