6 Struggling NASDAQ Stocks Today: EGLE, GALE, CNSL, NIHD, CLWR, VELT

NasdaqEagle Bulk Shipping, Inc. (NASDAQ:EGLE) is down 15.07% today at $3.4310. EGLE has traded 255 thousand shares so far today and trades 800 thousand shares a day on average. The jump in EGLE share price yesterday was due to a 1 for 4 reverse stock split. The company has a market cap of 218.62 million.

Galena Biopharma, Inc. (NASDAQ:GALE) is down 8.70% this morning at $1.2599. GALE has traded 1.4 million shares and trades 3.4 million shares a day on average. GALE shares have fallen nearly $0.40 a share over the past week. The company has a market cap of 58.92 million.

Consolidated Communications Holdings Inc. (NASDAQ:CNSL) is down 9.03% today at $14.40. CNSL has traded 820 thousand shares so far today, way above its daily average of 159 thousand shares a day. CNSL shares have dropped $3 a share over the past week after announcing an offering of senior notes. The company has a market cap of 431.59 million.

NII Holdings Inc. (NASDAQ:NIHD) is down 8.12% this morning at $10.53. NIHD has traded 2.2 million shares so far today and trades 4.06 million shares a day on average. The company has a market cap of 1.82 billion.

Clearwire Corporation (NASDAQ:CLWR) is down 6.54% today at $1.2150. CLWR has traded 2.1 million shares so far today and trades 16.5 million shares a day on average. CLWR shares are selling off some today after the stock rose 30% in the previous 4 days. The company has a market cap of 595.96 million.

Velti Plc (NASDAQ:VELT) is down 7.78% today at $6.76. VELT has traded 2.3 million shares so far today, well above its daily average of 1.4 million shares. The company has a market cap of 420.97 million.

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About Rachel Brook

Rachel Brook is an up and coming financial writer focusing on commodity price inflation and how the overall market reacts to the price swings. She also covers emerging markets in Africa and SE Asia.

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