Ignite Restaurant Group, Inc. (NASDAQ:IRG) is down 21.30% today at $15.00. IRG has traded 1.01 million shares so far today, well above its daily average of 246 thousand shares. IRG shares are down today after the company announced yesterday a restatement and accounting review. The company has a market cap of 371.50 million.
Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) is down 17.29% today at $1.10. ANTH has traded 6.5 million shares so far today, 3 times its daily average. ANTH shares are down today after announcing offering of stock at $1.00. The company has a market cap of 45.18 million.
Diana Containerships Inc. (NASDAQ:DCIX) is down 13.61% this morning at $6.22. DCIX has traded 2.9 million shares so far today, well above its daily average of 203 thousand shares. DCIX shares are down today after pricing its public offering of 8.1 million shares at $6.25 a share. The company has a market cap of 142.84 million.
Mitek Systems Inc. (NASDAQ:MITK) is down 11.27% today at $3.42. MITK has traded 552 thousand shares so far today and trades 924 thousand shares a day on average. The company has a market cap of 87.64 million.
Orexigen Therapeutics, Inc. (NASDAQ:OREX) is down 7.66% today at $6.39. OREX has traded 4.1 million shares so far today, well above its daily average of 3.5 million shares. OREX shares are down following approval of Vivus weight loss drug. The company has a market cap of 431.74 million.
Satcon Technology Corporation (NASDAQ:SATC) is down 4.15% today at $1.47. SATC has traded 651 thousand shares so far today and trades 1.04 million shares a day on average. SATC’s 1 for 8 reverse stock split took effect today. The company has a market cap of 208.88 million.
About Martin Stephenson
