Morning Market Losers
KIT digital (NASDAQ: KITD) fell 56.52% to $0.90 at 10:00 am. KIT digital announced the restatement of prior period financial statements.
Pointer Telocation (NASDAQ: PNTR) shares dipped 11.93% to $2.73. Pointer Telocation is expected to report its Q3 results on November 28.
Aerosonic (AMEX: AIM) shares lost 8.57% to $3.20. Aerosonic's trailing-twelve-month profit margin is 3.68%.
Innotrac (NASDAQ: INOC) dropped 7.34% to $2.64. Innotrac shares have surged 103.57% over the past 52 weeks, while the S&P 500 index has gained 20.05% in the same period.
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