Afternoon Losers for March 10th

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  • Dot Hill Systems HILL - down 15% - Stock continues to get crushed after providing bad guidance on March 6th.
  • Smith Micro Software SMSI - Down 13.6% - Downward momentum continues after reporting Q4 EPS of $(0.01) vs $(0.03) est; revenue of $11.80M vs $11.77M est on Friday.
  • Cimatron CIMT - down 14.3% - On Saturday, Seeking Alpha published a report raising questions about the company's true involvement in the 3D printing space.
  • Elecsys ESYS - down 10.8% - Posted quarterly net income of $569,000, or $0.14 per share.
  • 3D Systems DDD - down 4.7% - Barron's publishes article titled “Beware 3-D” by Alexander Eule. The article touches on valuation of 3D Systems and competitors Stratasys (down 2.3%) and Voxeljet (down 4.8%), the real promise of 3D printing, and challenges facing the industry.
  • KB Home KBH - down 4.1% - Downgraded by Bank of America from Buy to Underperform.
  • Cliffs Natural Resources CLF - down 4.4% - Axiom Capital initiates coverage on the company with a Sell rating and $10 price target.
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