Morning Market Losers

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Cherokee IncCHKE
shares tumbled 31.44 percent to $16.53 after the company reported weaker-than-expected results for its fiscal second quarter.
Energy Focus IncEFOI
shares dipped 25.24 percent to $17.19 after the company announced the pricing of 1.5 million shares of common stock at $17 per share.
Zumiez Inc.ZUMZ
shares dropped 21.08 percent to $17.09 after the company issued a weak outlook for the current quarter. Zumiez reported Q2 earnings of $0.12 per share on revenue of $179.82 million, in line with the Street's consensus.
Marvell Technology Group Ltd.
MRVL
dropped 18.48 percent to $8.60 following announcement of filing for non-timely 10-Q and weak preliminary numbers.
Mattress Firm Holding Corp MFRM
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shares slipped 17 percent to $50.08 after the company reported downbeat Q2 earnings and lowered its FY16 earnings forecast.
Finisar Corporation FNSR
shares dipped 16.36 percent to $12.47 after the company reported downbeat earnings for its fiscal first quarter and issued a weak forecast. The company also announced the resignation of its CEO Eitan Gertel.
Brady CorpBRC
fell 6.88 percent to $20.04 after the company reported downbeat Q4 results and issued a weak forecast for the full year. Brady raised its share buyback program to 2 million shares.
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