Morning Market Losers

Mobileiron Inc MOBL shares dipped 29.47 percent to $6.70 after the company announced the CFO resignation and lowered its Q1 forecast. Cinedigm Corp CIDM shares fell 21.43 percent to $0.990 after the company announced a private offering of $60 million in convertible senior notes. MarineMax Inc HZO dropped 12.14 percent to $23.45 after the company reported downbeat Q2 earnings. Clearfield Inc CLFD shares fell 11.45 percent to $13.84. Clearfield reported Q2 earnings of $0.02 per share on revenue of $12.4 million. Ericsson (ADR) ERIC shares slipped 10.31 percent to $11.39 after the company reported a drop in its net profit for the first quarter. Texas Instruments Incorporated TXN fell 7.44 percent to $54.36 after the company reported downbeat Q1 earnings and issued a weak forecast for the current quarter. PulteGroup, Inc. PHM shares dropped 6.64 percent to $20.25 on downbeat Q1 results. 3M Co MMM shares declined 2.95 percent to $159.82 after the company reported weaker-than-expected earnings for the first quarter and lowered its full-year forecast. General Motors Company GM slipped 2.99 percent to $36.05 after the company reported downbeat Q1 results.
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