Morning Market Losers

Revolution Lighting Technologies RVLT shares slipped 15.65% to $1.24 after the company priced its underwritten public offering of 8 million shares of its common stock at $1.25 per share. Medgenics MDGN shares fell 10.25% to $4.29 after the company priced the public offering of common stock. Amira Nature Foods ANFI shares dropped 8.88% to $15.76 on Q2 results. The company reported Q2 earnings of $0.29 per share on revenue of $141.40 million. Fred's FRED shares fell 7.69% to $15.61 after the company reported downbeat Q3 earnings and issued a weak Q4 forecast. The company also promoted Craig Barnes to General Merchandising Manager. Sungy Mobile GOMO shares declined 5.66% to $5.83 after the company reported Q3 earnings of $0.10 per share on revenue of $15.90 million and issued a weak Q4 forecast. Cyber-Ark Software CYBR shares tumbled 5.14% to $44.60 on downgrades from Blair and Nomura. Xcerra XCRA shares dropped 2.85% to $8.18 after the company reported Q1 earnings of $0.28 per share on revenue of $127.20 million and issued a weak Q2 forecast. Brocade Communications Systems BRCD shares dipped 2.74% to $11.37. The company beat fourth-quarter earnings expectations on Monday. The company didn't comment on recent rumors that it may be for sale.