Otelco Inc. (NASDAQ:OTT) is down 39.32% today at $7.30. OTT has traded 1.2 million shares in early trading, way above its daily average of 66 thousand shares. OTT shares are getting pummeled today on non-renewal of Time Warner contract.
Nabi Biopharmaceuticals (NASDAQ:NABI) is down 14.59% this morning at $1.58. NABI has traded 1.3 million shares so far today, well above its daily average of 188 thousand shares. Nabi Biopharmaceuticals and Biota Holdings announced merger to form Biota Pharmaceuticals this morning. The company has a market cap of 67.13 million.
Check Point Software Technologies Ltd. (NASDAQ:CHKP) is down 9.94% in early trading at $57.68. CHKP has traded 3.7 million shares so far today, triple its daily average. Check Point Software is down this morning on mixed second quarter guidance. The company has a market cap of 11.85 billion.
Rambus Inc. (NASDAQ:RMBS) is down 8.16% this morning at $4.50. RMBS has traded 1.5 million shares so far today, 300 thousand shares more than its daily average. Rambus was downgraded to hold from buy at BWS Financial. The company has a market cap of 487.78 million.
First Solar, Inc. (NASDAQ:FSLR) is down 5.51% today at $19.51. FSLR has traded 3.3 million shares so far today and trades 6.2 million shares a day on average. First Solar is dipping this morning after Maxim Group LLC downgraded the stock to sell with a price target of $9 a share. The company has a market cap of 1.67 billion.
Clearwire Corporation (NASDAQ:CLWR) is down 6.29% today at $1.5650. CLWR has traded 2.7 million shares so far today and trades 13.8 million shares a day on average. CLWR shares have fallen nearly $0.50 a share in the past week. Clearwire is scheduled to announce first quarter earnings on April 26. The company has a market cap of 705.54 million.
About Martin Stephenson
