Morning Market Losers

shares dropped 32.48% to $4.99 after the company reported that the development agreement with its first customer has been terminated.

declined 8.57% to $2.56. Wunderlich downgraded Magnum Hunter Resources from Buy to Hold.

shares dipped 7.78% to $12.62 following the announcement of sponsorship of golf tournament on Friday.

shares fell 7.27% to $2.55. O2Micro is expected to report its Q1 results on Wednesday, April 29, 2015.

shares declined 6.32% to $9.83. Hudson City Bancorp reported that it has been advised of further regulatory delay on M&T Bank merger.

shares slipped 3.36% to $41.47 following a CNBC report that the top company members were contacted by federal authorities.

shares declined 2.57% to $45.29. Citigroup downgraded Garmin from Buy to Sell.

shares tumbled 1.39% to $36.87. FBR Capital downgraded Gannett from Outperform to Market Perform.

shares dropped 1.28% to $67.10. FBR Capital downgraded Qualcomm from Outperform to Market Perform.