Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) is down 9.14% this morning at $1.3901. KERX has traded 4.4 million shares so far today, close to double its average volume. KERX shares continue to fall after a failed drug trial sent the stock down more than 50% on Monday. The company has a market cap of 98.72 million.
SanDisk Corp. (NASDAQ:SNDK) is down 9.47% today at $45.31. SNDK has traded 16 million shares in early trading, well above its daily average of 5.4 million shares. SNDK shares are slipping today after first quarter sales miss estimates on due to soft demand. The company has a market cap of 11.01 billion.
Cleveland BioLabs, Inc. (NASDAQ:CBLI) is down 35.15% this morning at $1.55. CBLI has traded 692 thousand shares so far today, way above its daily average of 143 thousand shares. Cleveland BioLabs announced this morning that BARDA declined to invite the company to submit a full proposal at this time for CBLB502. The company has a market cap of 55.49 million.
Tesla Motors, Inc. (NASDAQ:TSLA) is down 7.79% in early trading at $35.05. TSLA has traded 2.1 million shares this morning, double its average daily volume. The company has a market cap of 3.66 billion.
Sino Clean Energy Inc. (NASDAQ:SCEI) is down 7.73% today at $2.15. SCEI has traded 600 thousand shares so far today and trades 764 thousand shares a day on average. SCEI shares are down about $0.80 a share over the past week. The company has a market cap of 50.38 million.
Smith Micro Software Inc. (NASDAQ:SMSI) is down 8.13% this morning at $1.92. SMSI has traded 435 thousand shares so far today and trades 666 thousand shares a day on average. SMSI shares have fallen $0.50 a share in the past week. The company has a market cap of 68.69 million.
About Martin Stephenson
