Morning Market Losers (ACXM, UTA, ABAT, IRDMU)

Acxiom Corporation ACXM fell 24.46% to $13.19 at 10:00 am. Acxiom issued weaker-than-expected projections. Universal Travel Group UTA shares dropped 22.26% to $4.19. UTA postponed the release of fiscal 2010 financial statements from Wednesday to an unspecified date later in 2011. Advanced Battery Technologies Inc ABAT dipped 20.51% to $2.79. ABAT's PEG ratio is 15.38. Iridium Communications Inc IRDMU shares moved down 17.56% to $10.14. IRDM reported a secondary equity offering of 4,030,855 shares at a price of $8.15 per share, by a selling stockholder, Syndicated Communications. Read more from Benzinga's Markets.