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Morning Market Losers

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Sungy Mobile Limited (NASDAQ: GOMO) shares dropped 23.08% to $3.80. Sungy Mobile reported a Q4 adjusted loss of $0.23 per share.

Vince Holding Corp (NYSE: VNCE) shares fell 15.76% to $18.00. Vince Holding reported Q4 earnings of $0.28 per share on revenue of $94.7 million. The company issued a weak forecast for FY16.

RMG Networks Holding Corporation (NASDAQ: RMGN) declined 11.86% to $1.56. RMG Networks Holding signed a non-binding LoI to sell its Airline Media Network Business for $5.5 million.

Digital Turbine, Inc. (NASDAQ: APPS) fell 10.05% to $3.49. 8:08 am Digital Turbine expected 2016 revenue of $110 million to 130 million.

Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) shares fell 8.58% to $15.13 after the company announced the pricing of public offering of 3.3 million shares at $15.15 per share.

Horizon Technology Finance Corporation (NASDAQ: HRZN) shares slipped 3.22% to $13.84 after the company reported a 2 million share offering of common shares.

PDC Energy, Inc. (NASDAQ: PDCE) shares dropped 2.98% to $51.75 after the company priced 3.48 million shares for total gross proceeds of $179 million.

Garrison Capital Inc. (NASDAQ: GARS) declined 2.93% to $14.58 after the company announced a public offering of 809,990 shares of common stock.

Equity One Inc. (NYSE: EQY) shares fell 1.90% to $26.83 after the company announced the pricing of its underwritten public offering of 3.9 million shares at a price of $27.05 per share.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

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