Morning Market Losers

Violin Memory Inc VMEM shares dipped 20.61 percent to $1.04 after the company reported weaker-than-expected Q3 results. The company also announced the exploration of strategic alternatives. Abengoa SA (ADR) ABGB shares dropped 14.59 percent to $2.40 after rising 6.44 percent on Wednesday. Verint Systems Inc. VRNT shares declined 13.37 percent to $40.25 after the company reported downbeat Q3 results and lowered its FY16 forecast. Titan Machinery Inc. TITN shares fell 12.04 percent to $10.96. Titan Machinery reported Q3 earnings of $0.20 per share on revenue of $345 million. MTS Systems Corporation MTSC shares dropped 8.82 percent to $56.83 after the company reported downbeat Q4 results. PVH Corp PVH shares declined 5.74 percent to $88.02. PVH reported better-than-expected earnings for the third quarter and issued a weak forecast for the fourth quarter. Zafgen Inc ZFGN shares fell 4.64 percent to $5.99 after dipping 60.58 percent on Wednesday. SunTrust Robinson Humphrey downgraded Zafgen from Buy to Neutral and lowered the price target from $25.00 to $7.00.