Morning Market Losers

Sungy Mobile Limited GOMO shares dropped 23.08% to $3.80. Sungy Mobile reported a Q4 adjusted loss of $0.23 per share. Vince Holding Corp VNCE shares fell 15.76% to $18.00. Vince Holding reported Q4 earnings of $0.28 per share on revenue of $94.7 million. The company issued a weak forecast for FY16. RMG Networks Holding Corporation RMGN declined 11.86% to $1.56. RMG Networks Holding signed a non-binding LoI to sell its Airline Media Network Business for $5.5 million. Digital Turbine, Inc. APPS fell 10.05% to $3.49. 8:08 am Digital Turbine expected 2016 revenue of $110 million to 130 million. Concert Pharmaceuticals, Inc. CNCE shares fell 8.58% to $15.13 after the company announced the pricing of public offering of 3.3 million shares at $15.15 per share. Horizon Technology Finance Corporation HRZN shares slipped 3.22% to $13.84 after the company reported a 2 million share offering of common shares. PDC Energy, Inc. PDCE shares dropped 2.98% to $51.75 after the company priced 3.48 million shares for total gross proceeds of $179 million. Garrison Capital Inc. GARS declined 2.93% to $14.58 after the company announced a public offering of 809,990 shares of common stock. Equity One Inc. EQY shares fell 1.90% to $26.83 after the company announced the pricing of its underwritten public offering of 3.9 million shares at a price of $27.05 per share.