Pre-market Decliners: Liquidity Services (NASDAQ:LQDT), ARM Holdings plc (NASDAQ:ARMH), Kofax Ltd (NASDAQ:KFX), The Hackett Group (NASDAQ:HCKT)

Liquidity Services, Inc. (NASDAQ: LQDT) Wednesday announced it has been determined the apparent high bidder for a contract with the U.S. Defense Logistics Agency (DLA) to purchase, manage and sell non-rolling stock surplus assets of the U.S. Department of Defense (DoD) (Surplus Contract). Liquidity Services, Inc.’s high bid was equal to 4.35% of the DoD’s original acquisition value (OAV). The Surplus Contract has a base term of two years with four one-year renewal options. Liquidity Services, Inc. (NASDAQ:LQDT) stock opened today at $20.28 and is currently trading at $19.98. The stock showed a negative weekly performance of -10.60%.

Put players have been increasing their presence in ARM Holdings plc’s (ADR) (NASDAQ:ARMH) options pits of late, per data from the International Securities Exchange (ISE) and Chicago Board Options Exchange (CBOE). During the course of the past five sessions, speculators on these exchanges have bought to open 7,513 puts, compared to 978 calls, resulting in a top-heavy put/call volume ratio of 7.68.ARM Holdings plc (ADR) (NASDAQ:ARMH) stock opened at $8.49, in current trading session and currently is at $8.69, by loosing -0.29%.The 52 week range of $4.69-$9.06. Company’s market capitalization is $796.34 million.

Kofax Ltd (NASDAQ:KFX), a leading provider of smart process applications for the business critical First Mile(TM) of customer interactions  announced that the Company and its Kofax TotalAgility (TM) platform received recognition in two reports issued by Gartner, Inc., a leading information technology research and advisory company. Kofax Ltd (NASDAQ:KFX) stock is currently trading at $ .The EPS of the stock is 0.09. Company’s market capitalization is $503.93 billion.

According to The The Hackett Group, Inc. (NASDAQ:HCKT) research, companies are focusing on three IT strategy areas for 2014: redefining IT’s value proposition, including developing business relationships necessary to support innovation and adopting metrics to better measure IT value contribution; development of enterprise information architecture and analytics capabilities to help their company support top-line revenue growth; and talent realignment. The Hackett Group, Inc. (NASDAQ:HCKT) stock opened the session at $5.99, and now is at $6.03. The 52 week range of the HCKT stock remained $4.53-$7.48 and the day range was $5.99-$6.14.

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