Morning Market Losers

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Cyren LtdCYRN
shares slipped 14.60 percent to $2.69. Cyren posted a Q1 non-GAAP loss of $0.03 per share on non-GAAP revenue of $7.0 million.
Ehi Car Services Ltd (ADR) EHIC
shares dropped 6.57 percent to $14.94 after the company announced its plans to sell up to 22.34 million common stock shares at $12.00 per ADS.
RADA Electronic Ind. Ltd. RADA
shares fell 6.11 percent to $2.46. RADA Electronic reported a Q1 loss of $0.09 per share on revenue of $3.6 million.
Magal Security Systems Ltd. (USA) MAGS
shares declined 5.88 percent to $4.64. Magal Secruity Systems reported Q1 earnings of $0.03 per share on revenue of $11.8 million.
First Solar, Inc.FSLR
shares dropped 5.64 percent to $51.97. RBC Capital downgraded First Solar from Sector Perform to Underperform and lowered the price target from $54.00 to $34.00.
Nabors Industries Ltd. NBR
shares slipped 2.48 percent to $15.32. CLSA downgraded Nabors Industries from Outperform to Underperform.
Transocean LTD RIG
shares declined 1.84 percent to $19.78. Crude oil futures fell 1.47 percent to $58.84 a barrel.
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