Active Stocks Heading Lower in Midday Trading: TSL, YGE, KORS, P, TZYM, HGSI, SIRI, MU

Stocks continue to trade flat at midday. No big news has investors in a h wait and see mode. Investors have their eye set on a fed meeting later this week where current monetary policy will be discussed. At noon the Dow is up 7 points, the Nasdaq is down 11 points and the S&P 500 is down 3 points.

Trina Solar Limited (NYSE:TSL) is down 4.92% in midday trading at $6.95. TSL has traded 1.5 million shares so far today and trades 4.4 million shares a day on average. Trina Solar is back to levels it started the year at. The stock hit a high of $11 back in mid February. The company has a market cap of 490.39 million.

Yingli Green Energy Holding Company (NYSE:YGE) is down 5.79% today at $3.58. YGE is trading light volume today with 1.1 million shares traded. The stock trades 4.7 million shares a day on average. Solar shares are taking a bit of a hit today after jumping about $0.40 late last week. The company has a market cap of 554.07 million.

Michael Kors Holdings Limited (NYSE:KORS) is down 5.04% today at $47.11. KORS shares are dipping today on news of a 25 million share offering by some investors, including certain members of company’s management. KORS has traded 1.7 million shares so far today and trades 2.3 million shares a day on average. The company has a market cap of 9.02 billion.

Pandora Media, Inc. (NYSE:P) is down 4.52% in midday trading at $11.00. P is down on heavy volume today with 2 million shares traded. The stock trades 2.5 million shares a day on average. P shares have been beat down since announcing quarterly results early last week. The company has a market cap of 1.78 billion.

Tranzyme, Inc. (NASDAQ:TZYM) is down 48.96% today at $2.6030. TZYM is down on extremely large volume with 7.6 million shares traded, well above its average of 30 thousand shares. TZYM shares plummeted this morning after the company said its most advanced drug candidate failed in a clinical trial. The company has a market cap of 63.95 million.

Human Genome Sciences, Inc. (NASDAQ:HGSI) is down 7.29% today at $7.63. HGSI is trading is set to beat its average volume today and has already traded 5.2 million shares. The stock trades 7.5 million shares a day on average. The company has a market cap of 1.53 billion.

Sirius XM Radio Inc. (NASDAQ:SIRI) is down 1.70% in midday trading at $2.32. SIRI has traded 22.7 million shares so far today and trades 52.7 million shares a day on average. SIRI shares are up about $0.50 on the year and more than $0.10 in the past week. The company has a market cap of 8.69 billion.

Micron Technology, Inc. (NASDAQ:MU) is down 2.28% today at $8.14. MU has traded 10.8 million shares in midday trading and trades about 30 million shares on average. While MU shares are down a little bit today, the company is up about $2 a share on the year. The company has a market cap of 8.03 billion.