Morning Market Losers

Resonant Inc. RESN shares dropped 32.48% to $4.99 after the company reported that the development agreement with its first customer has been terminated. Magnum Hunter Resources Corp. MHR declined 8.57% to $2.56. Wunderlich downgraded Magnum Hunter Resources from Buy to Hold. Digital Ally Inc. DGLY shares dipped 7.78% to $12.62 following the announcement of sponsorship of golf tournament on Friday. O2Micro International Ltd. OIIM shares fell 7.27% to $2.55. O2Micro is expected to report its Q1 results on Wednesday, April 29, 2015. Hudson City Bancorp, Inc. HCBK shares declined 6.32% to $9.83. Hudson City Bancorp reported that it has been advised of further regulatory delay on M&T Bank merger. Herbalife Ltd. HLF shares slipped 3.36% to $41.47 following a CNBC report that the top company members were contacted by federal authorities. Garmin Ltd. GRMN shares declined 2.57% to $45.29. Citigroup downgraded Garmin from Buy to Sell. Gannett Co., Inc. GCI shares tumbled 1.39% to $36.87. FBR Capital downgraded Gannett from Outperform to Market Perform. QUALCOMM Incorporated QCOM shares dropped 1.28% to $67.10. FBR Capital downgraded Qualcomm from Outperform to Market Perform.