Morning Market Losers - AeroVironment (NASDAQ:AVAV), Ambarella (NASDAQ:AMBA)

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SFX Entertainment Inc (NASDAQ: SFXE) shares dropped 24.88 percent to $0.759. SFX Entertainment said that the company has received indication of interest regarding possible acquisition of various components of business.

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HeartWare International Inc (NASDAQ: HTWR) shares fell 18.03 percent to $67.06 after the company agreed to acquire Valtech Cardio, Ltd. Republic Airways Holdings Inc. (NASDAQ: RJET) shares dipped 17.99 percent to $2.48 after declining 1.62 percent on Tuesday. Ambarella Inc

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(NASDAQ: AMBA) dropped 12.35 percent to $78.55. Ambarella reported stronger-than-expected results for the second quarter, but the company issued a weak Q3 forecast for wearable-camera revenue.AeroVironment, Inc.

(NASDAQ: AVAV) shares fell 10.56 percent to $20.91 after the company reported weaker-than-expected results for its fiscal first quarter. Navistar International Corp (NYSE: NAV) shares slipped 7.93 percent to $16.02 after the company reported a wider loss for its fiscal third quarter. GoPro Inc (NASDAQ: GPRO) shares declined 7.62 percent to $40.36 following disappointing sales forecast from Ambarella.Digital Ally, Inc. (NASDAQ: DGLY) shares fell 4.70 percent to $7.50 following news that Taser has won legal challenge to invalidate patents.