Threshold Pharmaceuticals Inc. (NASDAQ:THLD) fell 19.72% today at $7.00. THLD traded 13.3 million shares so far today, well above its daily average of 1.1 million shares. THLD shares fell today after its cancer drug study data disappointed investors. The company has a market cap of 385.03 million.
Netlist Inc. (NASDAQ:NLST) dropped 12.12% today at $1.45. NLST saw heavy volume today with 762 thousand shares traded, well above its daily average of 201 thousand shares. NLST shares have been falling since early February and is down more than 40% on the year. The company has a market cap of 41.20 million.
Targacept, Inc. (NASDAQ:TRGT) fell 11.13% today at $4.31. TRGT traded 723 thousand shares so far today, well above its daily average of 204 thousand shares. TRGT shares dropped today following ADHD drug study failure. The company has a market cap of 144.08 million.
Majesco Entertainment Co. (NASDAQ:COOL) is down 11.11% today at $1.36. COOL traded more than 5 times its average volume today with nearly 1.2 million shares traded. COOL have dropped 20% over the past three days following its earnings report. The company has a market cap of 54.25 million.
Groupon, Inc. (NASDAQ:GRPN) dropped nearly 10% today at $4.75. GRPN traded 15.04 million shares today, 4 million shares more than its daily average. GRPN shares fell today as many worry that rising marketing costs and falling consumer interest are hurting the company. The company has a market cap of 3.10 billion.
Globe Specialty Metals, Inc. (NASDAQ:GSM) fell 7.45% today at $15.77. GSM traded 871 thousand shares today, more than double its daily average. Globe Specialty Metals was downgraded to neutral from buy at B. Riley. The company has a market cap of 1.18 billion.
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