Benzinga’s Top Losers (TTWO, SWHC, CBAN, KMGB, FNSR, CLBH)

Take-Two Interactive Software Inc (NASDAQ: TTWO) shares have slipped 30.68% to $7.57. TTWO cut its forecast for FQ4 and FY09, with Wedbush Morgan Securities analyst Michael Pachter citing the lack of impressive product offerings as the reason for the weak projections.

Smith & Wesson Holding Corporation (NASDAQ: SWHC) shares have declined by 16.13% to $4.42. The weakness in SWHC’s stock was a result of a miss in revenue expectations for FQ2.

Colony Bankcorp Inc (NASDAQ: CBAN) shares plummeted 18.33% to $3.92. CBAN’s shares have declined by 28.47% over the past 52 weeks as compared to a 30.13% rise in S&P500. CBAN’s stock is trading at a price very close to its 52-week low.

KMG Chemicals Inc (NASDAQ: KMGB) shares fell by 14.97% to $16.13. KMG’s shares created a new 52-week high at $17.99 this week and are up by more than 260% so far this year.

Finisar Corporation (NASDAQ: FNSR) shares were down 12.36% at $8.51. FNSR’s stock hit an intraday high and an intraday low of $9.45 and $8.95, respectively. Over the past six months, FNSR’s shares have appreciated by over 40%.

Carolina Bank Holdings Inc (NASDAQ: CLBH) shares fell by 10.46% to $3.08. CLBH's stock has been on a downtrend since December 2.