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Morning Market Losers

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Abengoa SA (NASDAQ: ABGB) shares slipped 43.52% to $8.50 following the drop in value of company's bonds on cautious conference call comments.

Charles & Colvard (NASDAQ: CTHR) shares dipped 35.50% to $1.69 after the company reported a Q3 net loss of $3.1 million on sales of $4.5 million.

Movado Group (NYSE: MOV) shares tumbled 31.81% to $26.26 after the company issued a downbeat Q3 guidance.

Infosonics (NASDAQ: IFON) slipped 22.46% to $1.45 after the company reported a Q3 loss of $0.04 per share on revenue of $8.10 million.

Sysorex Global Holdings (NASDAQ: SYRX) tumbled 21.74% to $1.80 on Q3 results.

YOU On Demand Holdings (NYSE: YOD) fell 21.09% to $2.02 on Q3 results. The company reported a Q3 loss of $0.09 per share.

Digital Ally (NASDAQ: DGLY) slipped 19.44% to $10.65 on Q3 results. The company's revenue came in at $4.66 million, up from the $4.48 million reported in the year-ago period. The net loss totaled $6.40 million, up from the $905,835 loss reported in the year-ago period.

Veracyte (NASDAQ: VCYT) dropped 12.47% to $6.53 after the company reported a wider-than-expected Q3 loss.

EnLink Midstream Partners, LP (NYSE: ENLK) declined 6.39% to $27.55 after the company priced 10.5 million offering of common units at $28.37 per unit.

SINA (NASDAQ: SINA) declined 6.62% to $39.08 fter the company offered a Q4 revenue forecast below Wall Street's expectations. Stifel Nicolaus downgraded Sina from Buy to Hold, according to Bloomberg.

 

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