Orexigen Therapeutics, Inc. (NASDAQ:OREX) is down 8.59% this morning at $4.15. OREX has traded 2.3 million shares so far today, well above its daily average of 1.6 million shares. An FDA spokesman said companies working on weight-loss treatments are unlikely to be affected by an advisory panel’s recommendation for heart risk studies. The company has a market cap of 272.32 million.
Cosi Inc. (NASDAQ:COSI) is down 6.97% today at $1.0699. COSI has traded 288 thousand shares already this morning, already above its daily average of 276 thousand shares. COSI shares are down $0.20 a share in the past three days. The company has a market cap of 54.22 million.
Xyratex Ltd. (NASDAQ:XRTX) is down 11.34% in early trading at $15.80. XRTX has traded 681 thousand shares so far today, 3 times its daily average. XRTX shares were downgraded by Needham today from buy to hold. The company has a market cap of 433.90 million.
FriendFinder Networks Inc. (NASDAQ:FFN) is down 13.41% this morning at $1.42. FFN has traded 580 thousand shares so far today and trades 780 thousand shares a day on average. FFN shares are down close to $0.40 a share in the past three days. The company has a market cap of 43.08 million.
Telestone Technologies Corp. (NASDAQ:TSTC) is down 6.24% today at $3.2493. TSTC has traded 140 thousand shares today, double its average daily volume. Telestone announced fourth quarter results earlier this morning. Revenue fell to $40.6 million in the fourth quarter compared to $60.8 million the year before. The company has a market cap of 40.08 million.
MAP Pharmaceuticals, Inc. (NASDAQ:MAPP) is down 4.72% in early trading at $14.53. MAPP has traded 451 thousand shares so far today and trades 504 thousand shares a day on average. MAPP shares continue to fall today after the company reported a larger than expected loss yesterday. MAP Pharmaceuticals reported a $13.8 million or $0.45 per share loss in the fourth quarter. The company has a market cap of 439.22 million.
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