Morning Market Losers (MIPS, SFN, TOF, MRCY)

MIPS Technologies Inc MIPS shares lost 20.60% to $8.48 at 9:55 am. MIPS reported weaker-than-expected Q3 results. SFN Group Inc SFN fell 14.31% to $12.04. SFN reported an 8.1% y/y rise in its Q1 revenue. Tofutti Brands Inc TOF dropped 14.07% to $2.32. TOF's net sales for the fiscal year ended January 1, 2011 declined 5%. Mercury Computer Systems Inc MRCY shares dipped 12.69% to $18.64. MRCY reported its FQ3 revenue at $59.9 million, a rise of $16.3 million from the third quarter of the prior fiscal year. Read more from Benzinga's Markets.