Chelsea Therapeutics International Ltd. (NASDAQ:CHTP) is down 27.53% today at $2.67. CHTP is slipping on big volume today with over 7 million shares traded already today. CHTP trades around 2.1 million shares a day on average. CHTP shares are down today after the FDA asked the company for more information on their Parkinson’s drug. The company has a market cap of 178.33 million.
Saba Software, Inc. (NASDAQ:SABA) is down 17.70% today at $10.00. SABA has traded 1.1 million shares so far today, well above its daily average of 301 thousand shares. SABA shares are plummeting today after the company postponed release of quarterly results. The company has a market cap of 296.96 million.
Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) is down 13.71% in midday trading at $6.04. MACK has traded 2.6 million shares so far today. Merrimack debuted today with and has traded between $6 and $6.40 today.
JA Solar Holdings Co., Ltd. (NASDAQ:JASO) is down 6.71% today at $1.5299. JASO has traded 3.6 million shares in midday trading and trades 6.3 million shares a day on average. JASO shares have fallen $0.20 in the past two trading sessions. The company has a market cap of 266.79 million.
Focus Media Holdings Ltd. (NASDAQ:FMCN) is down 8.83% today at $23.75. FMCN has traded 4.7 million shares so far today, more than double its daily average. FMCN shares have fallen close to $5 a share in the past week. The company has a market cap of 3.16 billion.
JetBlue Airways Corporation (NASDAQ:JBLU) is down 6.69% in midday trading at $4.87 JBLU has traded 13.9 million shares so far today and trades 5.6 million shares a day on average. JBLU shares are down today after Lufthansa issues notes convertible to JetBlue stock. The company has a market cap of 1.36 billion.