Pep Boys (NYSE:PBY) is down 21.91% this morning at $8.66. PBY has traded 5.4 million shares so far today, 5 times its average volume. PBY shares plummet today as Gores calls off buyout. The company has a market cap of 460.60 million.
Tata Motors Ltd (NYSE:TTM) is down 9.38% today at $20.99. TTM has traded 3.2 million shares so far today, well above its daily average of 1.9 million shares. TTM shares have dropped nearly $4 a share this week. The company has a market cap of 13.19 billion.
Frontline Ltd. (NYSE:FRO) is down 9.77% today at $4.9084. FRO has traded 1.2 million shares so far today and trades 2.6 million shares a day on average. FRO shares were downgraded to sell from hold at Deutsche Bank. The company has a market cap of 383.06 million.
Key Energy Services Inc. (NYSE:KEG) is down 8.55% this morning at $9.83. KEG has traded 980 thousand shares so far today and trades 3.03 million shares a day on average. The company has a market cap of 1.49 billion.
Patriot Coal Corporation (NYSE:PCX) is down 8.46% today at $2.38. PCX has traded 1.8 million shares so far today and trades 9.1 million shares a day on average. PCX shares are selling off along with its sector today and was also downgraded to fair value from buy at CRT Capital. The company has a market cap of 219.52 million.
Radian Group Inc. (NYSE:RDN) is down 7.60% today at $2.4301. RDN has traded 1.3 million shares so far today and trades 4.6 million shares a day on average. Overall, RDN shares are down 15% over the past month. The company has a market cap of 326.57 million.
About Martin Stephenson
