Morning Market Losers (KGJI, BCOM, ABVA, ULBI)

Kingold Jewelry Inc (NASDAQ: KGJI) dipped 22.48% to $4.69 at 10:10 am. KGJI's shares have surged 412.71% over the past 52 weeks, while the S&P 500 index has gained 11.75% in the same period.

B Communications Ltd (NASDAQ: BCOM) fell 20.00% to $28.88. BCOM's trailing-twelve-month profit margin is 1.41%.

Alliance Bankshares Corporation (NASDAQ: ABVA) shares dropped 16.00% to $3.36. ABVA's trailing-twelve-month profit margin is -10.73%.

Ultralife Corporation (NASDAQ: ULBI) shares lost 11.16% to $6.28. ULBI lowered its FY revenue projections to $177 million from its earlier forecast of $177 million-$182 million.

Read more from Benzinga's Markets.