Morning Market Losers

Demand Media

dropped 20.44% to $6.50 after the company reported that it has bought Society6 for around $94 million in cash and stock. The company also cut its revenue forecast for the second quarter. Mitek Systems

dropped 17.33% to $5.39 after the company announced the pricing of common stock offering. ProPhase Labs

dropped 12.93% to $1.49. ProPhase Labs' trailing-twelve-month operating margin is -4.77%. Point.360

plummeted 12.78% to $0.89. Point.360's trailing-twelve-month ROA is 0.29%.