Morning Market Losers

Envoy Capital Group Inc (NASDAQ: ECGI) dipped 94.96% to $0.10 at 9:55 am. ECGI reported a Q3 net loss of $0.6 million.

SinoHub Inc (AMEX: SIHI) fell 38.10% to $0.65. SIHI reported its Q2 net income at US$1.0 million, down from US$3.4 million, in the year-ago quarter.

China Housing and Land Development Inc (NASDAQ: CHLN) shares dropped 29.75% to $1.11. CHLN reported a 44.7% y/y decline in its Q2 revenue.

Atrinsic Inc (NASDAQ: ATRN) shares moved down 19.40% to $2.70. ATRN reported a 42% y/y drop in its Q2 revenue.