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Morning Market Losers

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Health Insurance Innovations Inc (NASDAQ: HIIQ) shares slipped 23.87 percent to $5.90. Health Insurance Innovations reported Q1 earnings of $0.01 per share. Analysts at Bank of America downgraded Health Insurance Innovations from Buy to Neutral.

Identiv Inc (NASDAQ: INVE) shares declined 23.15 percent to $6.84. Identiv reported a Q1 loss of $0.54 per share on revenue of $14.934 million.

Puma Biotechnology Inc (NYSE: PBYI) shares fell 18.30 percent to $171.35 following the report on experimental breast cancer pill neratinib indicating no meaningful increase in disease-free survival vs placebo.

Digital Ally, Inc. (NASDAQ: DGLY) shares dropped 14.13 percent to $15.72. Digital Ally reported Q1 adjusted loss of $0.45 per share on revenue of $4.2 million.

Kohl's Corporation (NYSE: KSS) shares dipped 8.99 percent to $67.81 after the company reported downbeat sales for the first quarter. However, the company's profit exceeded analysts' estimates.

Gevo, Inc. (NASDAQ: GEVO) shares dropped 8.30 percent to $4.10 after the company priced a 4.3 million offering at $4 per unit.

FireEye Inc (NASDAQ: FEYE) shares fell 3.82 percent to $42.20 as Cisco Systems, Inc. (NASDAQ: CSCO) CEO John Chambers dismissed the takeover rumor during the company's conference call.

 

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