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Morning Market Losers

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China Precision Steel (NASDAQ: CPSL) dipped 25.37% to $1.22 after the company announced delisting from the NASDAQ.

Westell Technologies (NASDAQ: WSTL) dipped 14.75% to $2.60 after the company reported a Q4 loss of $0.02 per share.

Weibo (NASDAQ: WB) shares fell 9.88% to $18.25 as the company's first-quarter bottom-line figure beat but guidance looked light.

ITT Educational Services (NYSE: ESI) shares slipped 9.30% to $23.40 after the company issued preliminary Q1 results. The company's new-student enrollment declined 3.8% to 16,746.

NewLead Holdings (NASDAQ: NEWL) shares declined 8.86% to $4.01 after jumping 32.93% on Wednesday.

SINA (NASDAQ: SINA) slipped 6.45% to $44.77 after the company reported weaker-than-expected first-quarter earnings and issued a weak forecast.

CDW (NASDAQ: CDW) shares slipped 5.40% to $28.04 as the company priced 2.5 million share offering at $28.35 per share.

Terreno Realty (NYSE: TRNO) shares declined 2.99% to $17.86 after the company announced the pricing of 7 million share offering at $17.75 per share.

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