NYSE Stocks Trading Lower: MM, INVN, VLO, LGF, PCX, LCC

Wall StreetMillennial Media, Inc. (NYSE:MM) is down 7.32% today at $23.17. MM has traded 1.3 million shares so far today. Millennial Media launched its IPO yesterday and shares more than doubled as it prices its 10.2 million shares at $13 each. The company has a market value of nearly $2 billion.

InvenSense, Inc. (NYSE:INVN) is down 6.28% this morning at $18.37. INVN has traded 2 million shares so far today, 500 thousand shares more than its daily average. InvenSense was downgraded by Oppenheimer to perform from outperform. The company has a market cap of 1.45 billion.

Valero Energy Corporation (NYSE:VLO) is down 3.49% today at $25.72. VLO has traded 7.5 million shares so far today and trades 10.6 million shares a day on average. VLO shares are down $2 a share since Tuesday. The company has a market cap of 14.10 billion.

Lions Gate Entertainment Corp. (NYSE:LGF) is down 3.58% in early trading at $13.69. LGF has traded 2.5 million shares this morning and trades 2.8 million shares a day on average. LGF shares are down close to $2 this week as traders take profits following the stock’s rally this year. The company has a market cap of 1.72 billion.

Patriot Coal Corporation (NYSE:PCX) is down 3.60% at $6.3241. PCX has traded 4.4 million shares so far today and trades 7.3 million shares a day on average. PCX share are down $0.50 per share for the week. The company has a market cap of 570.97 million.

US Airways Group, Inc. (NYSE:LCC) is down 2.79% today at $7.67. LCC has traded 2.6 million shares so far today and trades 8.4 million shares a day on average. LCC shares are down $0.20 from its high yesterday. The company has a market cap of 1.25 billion.

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About Danny Fisher

Danny is the old hat at Active Investor. One of the been around the block a few times traders, his main focus is on overall market conditions. Be it some new merger talk or Washington being Washington, you can expect Danny will be on top of it.

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