Market Overview

Morning Market Losers

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Mobileiron Inc (NASDAQ: MOBL) shares dipped 29.47 percent to $6.70 after the company announced the CFO resignation and lowered its Q1 forecast.

Cinedigm Corp (NASDAQ: CIDM) shares fell 21.43 percent to $0.990 after the company announced a private offering of $60 million in convertible senior notes.

MarineMax Inc (NYSE: HZO) dropped 12.14 percent to $23.45 after the company reported downbeat Q2 earnings.

Clearfield Inc (NASDAQ: CLFD) shares fell 11.45 percent to $13.84. Clearfield reported Q2 earnings of $0.02 per share on revenue of $12.4 million.

Ericsson (ADR) (NASDAQ: ERIC) shares slipped 10.31 percent to $11.39 after the company reported a drop in its net profit for the first quarter.

Texas Instruments Incorporated (NASDAQ: TXN) fell 7.44 percent to $54.36 after the company reported downbeat Q1 earnings and issued a weak forecast for the current quarter.

PulteGroup, Inc. (NYSE: PHM) shares dropped 6.64 percent to $20.25 on downbeat Q1 results.

3M Co (NYSE: MMM) shares declined 2.95 percent to $159.82 after the company reported weaker-than-expected earnings for the first quarter and lowered its full-year forecast.

General Motors Company (NYSE: GM) slipped 2.99 percent to $36.05 after the company reported downbeat Q1 results.

 

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