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Morning Market Losers

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Crumbs Bake Shop, Inc. (NASDAQ: CRMB) shares dipped 28.31% to $2.15 after the company announced its revenue results for Q4 and full-year 2012.

Infosys Ltd. (NYSE: INFY) shares dropped 19.69% to $43.64 after the company's share prices plunged in the Indian stock exchange as well.

China Information Technology, Inc. (NASDAQ: CNIT) shares fell 14.06%to $1.10. China Information Technology's trailing-twelve month profit margin is -54.40%

Alvarion Ltd (NASDAQ: ALVR) shares dropped 11.99% to $3.45 after the company announced that President and CEO Hezi Lapid has put down his resignation.

 

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