Morning Market Losers

SFX Entertainment Inc SFXE shares dropped 24.88 percent to $0.759. SFX Entertainment said that the company has received indication of interest regarding possible acquisition of various components of business. HeartWare International Inc HTWR shares fell 18.03 percent to $67.06 after the company agreed to acquire Valtech Cardio, Ltd. Republic Airways Holdings Inc. RJET shares dipped 17.99 percent to $2.48 after declining 1.62 percent on Tuesday. Ambarella Inc AMBA dropped 12.35 percent to $78.55. Ambarella reported stronger-than-expected results for the second quarter, but the company issued a weak Q3 forecast for wearable-camera revenue. AeroVironment, Inc. AVAV shares fell 10.56 percent to $20.91 after the company reported weaker-than-expected results for its fiscal first quarter. Navistar International Corp NAV shares slipped 7.93 percent to $16.02 after the company reported a wider loss for its fiscal third quarter. GoPro Inc GPRO shares declined 7.62 percent to $40.36 following disappointing sales forecast from Ambarella. Digital Ally, Inc. DGLY shares fell 4.70 percent to $7.50 following news that Taser has won legal challenge to invalidate patents.