MarcS

Stocks Trading Lower in Pre Market for June 7: MOH, MW, NAV, LULU, ABR

Traders at the NYSEMolina Healthcare Inc. (NYSE:MOH) is down 21.97% in pre market trading at $20.10. MOH has traded 250 thousand shares this morning and averages 800 thousand shares a day on average. MOH shares are tanking today after the company recalls its 2012 earnings guidance due to uncertainties regarding medical costs in Texas. The company has a market cap of 1.19 billion. Sign Up For Free Stock Alerts

The Men’s Wearhouse, Inc. (NYSE:MW) is down nearly 20% this morning as the company misses EPS estimates for the first quarter. Men’s Wearhouse reported a first quarter profit of $0.53, missing estimates by $0.02. The company also issued disappointing guidance for the second quarter. MW has traded 14 thousand shares in pre market and averages 660 thousand shares a day on average. The company has a market cap of 1.80 billion. [Read more...]

6 Nasdaq Stocks Falling as Market Rallies: MFRM, SCSS, FCEL, BLIN, MIND, JASO

NASDAQ Screen at Times SquareMattress Firm Holding Corp. (NASDAQ:MFRM) is down 19.87% this morning at $28.24. MFRM has traded 2.3 million shares so far today, more than 10 times its daily average. MFRM shares are tanking today after the company missed estimates. The company has a market cap of 944.15 million.

Select Comfort Corporation (NASDAQ:SCSS) is down 17.70% today at $21.36. SCSS has traded 6.1 million shares today, 5 times its daily average. Mattress stocks are getting hit hard today as Tempur-Pedic cut its earnings outlook. Select Comfort also recently announced management changes. The company has a market cap of 1.21 billion. Sign Up For Free Stock Alerts

FuelCell Energy Inc. (NASDAQ:FCEL) is down 15.32% this morning at $1.05. FCEL has traded 3 million shares in early trading, well above its daily average of 2.2 million shares. FCEL shares are dipping as the company missed on second quarter revenue estimates. The company has a market cap of 145.28 million.

Bridgeline Digital, Inc. (NASDAQ:BLIN) is down 16.99% today at $2.00. BLIN is seeing big volume today with over 700 thousand shares traded, way above its average of 89 thousand shares. BLIN shares are selling off today after the stock jumped from $1.50 to as high as $3 yesterday. The company has a market cap of 25.35 million.

Mitcham Industries Inc. (NASDAQ:MIND) is down 6.88% today at $17.05. MIND has traded 586 thousand shares so far today, double its daily average. MIND shares are down today as the company misses on revenue on its latest quarterly earnings. The company has a market cap of 215.50 million. Sign Up For Free Stock Alerts

JA Solar Holdings Co., Ltd. (NASDAQ:JASO) is down 5.48% today at $0.9830. JASO has traded 1.08 million shares so far today and trades 2.4 million shares a day on average. JASO shares are tumbling on missed EPS estimates for the first quarter. The company has a market cap of 199.31 million.

Hot Stocks to Watch: BLIN, BPAX, ZOOM, FSL, PSUN, ALSK

Wall Street signThe US market is getting a slight boost from the ISM numbers that just released. Though a beat on consensus the underlying numbers point to further weakness, especially in employment. The G-7 meeting today is being watched to see if there is going to be any coordinated statement from the group of finance ministers.

Europe continues to stare at the cliff wondering which country is going first. With Greece rapidly approaching new elections, the financial crisis has jumped its borders and spread to Spain and Italy. The clamor for common EU bonds is starting to reach a fever pitch and one wonders if Merkel will blink in her opposition to them. If she does, the political consequences for her party will be severe as she heads into a 2013 election.

A quick snapshot of the market has the Dow down 8, the Nasdaq up 4 and the S&P adding 2 points. [Read more...]

Hot Stocks to Watch: CBLI, GALE, VRNG, MVIS, CLSN, MTOX

Wall Street signStocks are trading slightly lower across the board today as investors continue to feel uncertain about the debt situation in Europe. The market suffered one of its worst days of the year on Friday as each of the major indexes fell more than 2%.

On the economic data front, factory orders fell again in April marking the fourth straight month of declines. Orders fell 0.6% while economists were expecting a rise of 0.2%.

European markets saw thin trading today as U.K. stock markets are closed today and tomorrow on an extended bank holiday for the Queen’s Diamond Jubilee.

China’s service sector continued to slow in May for the second straight month.

In mid-morning trading the Dow is down 21 points, the Nasdaq is down 1 point and the S&P 500 is down 3 points. [Read more...]

NASDAQ Stocks Trading Lower with Market: CHTP, AONE, NCIT, DRYS, FFIV, GRPN

NasdaqChelsea Therapeutics International Ltd. (NASDAQ:CHTP) is down 28.54% this morning at $1.3935. CHTP has traded 1.9 million shares so far today, 600 thousand shares more than its daily average. CHTP shares are tanking this morning following news its rheumatoid arthritis drug fails trial. The company has a market cap of 92.52 million.

A123 Systems, Inc. (NASDAQ:AONE) is down nearly 20% this morning at $0.92. AONE has traded 1.07 million shares so far today and trades 3.06 million shares a day on average. AONE’s latest drop comes as the company sees ‘going concern’ risk due to steep losses. The company has a market cap of 136.26 million. [Read more...]

NASDAQ Stocks Selling Off This Morning: MVIS, MAGS, PWRD, ROSG, GENE, JRCC, RIMM

NasdaqMicrovision Inc. (NASDAQ:MVIS) is down 20.47% today at $2.0599. MVIS has traded 819 thousand shares so far today, above its daily average of 318 thousand shares. MVIS shares are selling off today after the stock rose $1.40 a share on Tuesday. The company has a market cap of 34.95 million.

Magal Security Systems Ltd. (NASDAQ:MAGS) is down 16.04% this morning at $3.82. MAGS has traded 237 thousand shares so far today, slightly above its daily average of 200 thousand shares. Magal Security Systems announced first quarter results this morning. Revenue came in at $15.6 million with a net income of $46 thousand. The company has a market cap of 60.93 million. [Read more...]

Five NASDAQ Stocks Tumbling This Morning: VRTX, KITD, TSCO, ZNGA, PACB

NASDAQ Screen at Times SquareVertex Pharmaceuticals Incorporated (NASDAQ:VRTX) is down 14.49% this morning at $55.44. VRTX has traded 12.2 million shares so far today, 4 times its daily average. VRTX shares are dropping after previous results of a study treating cystic fibrosis patients overstated the benefits of a drug combination. The company has a market cap of 11.55 billion.

KIT digital, Inc. (NASDAQ:KITD) is down 7.89% today at $3.27. KITD has traded 742 thousand shares so far today and trades 1.6 million shares a day on average. KITD shares are down more than 12% over the past five days. The company has a market cap of 156.77 million. [Read more...]

NYSE Stocks Diving Today: VRML, PAY, VIP, TLB, STP, LYG

Traders at the NYSEVermillion, Inc. (NASDAQ:VRML) is down 14.18% today at $2.3351. VRML has traded 1.1 million shares so far today, 400 thousand shares more than its daily average. VRML shares are pulling back today after the stock jumped from $1.80 to $2.60 yesterday. The company has a market cap of 35.96 million.

VeriFone Systems, Inc. (NYSE:PAY) is down 12.64% this morning at $39.29. PAY has traded 9.5 million shares so far today, 2.6 million shares a day on average. PAY shares are tumbling as its forecasts came in below Wall Street estimates. The company has a market cap of 4.24 billion. [Read more...]

Silver Prices Look to Rebound. Silver Stocks to Watch: HL, AGQ, SLV, SLW, PAAS, CDE, SVM, EXK

After the sell-off yesterday, silver prices are looking to rebound this morning as the dollar pares its gains. The metal has been hit hard in recent days in the lead up to the EU summit and its subsequent ‘nothing happened’ outcome. Europe sill remains a major concern as they do not seem to have an answer for Greece and any contagion that may emerge from a Greek exit.

Currently silver is up 57 cents to $28.41. Still off the $30 level it once held, but with market uncertainty still prevalent it could regain those levels rather quickly if more monetary easing was announced. [Read more...]

Silver Prices Dip on EU Woes. Silver Stocks to Watch: SLW, HL, PAAS, EXK, AGQ, SLV, SVM, CDE

Gold and silverEuropean woes returned to the market today as leaders convene for a summit on the burgeoning Greek debt crisis. While promising to do all they can to keep Greece within the union, the uncertainty is causing headaches across the market.

Silver prices, along with gold, are taking sizable hits from the lack of a clear path for Greece. Once the EU stops flailing around and provides a clear path for Greece, most analysts expect the metals to start recovering some of their steep losses.

Currently the silver spot price is down over 80 cents. [Read more...]

Silver Recover as Investors Eye EU Summit, Silver Stocks to Watch: SLW, HL, SVM, PAAS, AGQ, SLV, EXK, SSRI

Gold and silverCommodities took a hit overnight on news Fitch downgraded Japan’s soveriegn debt rating due to the country increasing its public sector debt load. This news sent the dollar up, but increased selling pressure in the commodities market. Spot silver prices are currently trading up at around $28.60, off its low of $28 earlier this morning.

Traders are now looking ahead to a EU leaders’ summit in Brussels on Wednesday to see what steps officials will take to control the EU debt crisis. [Read more...]

Silver Prices Red on G8 Fluff Statement. Silver Stocks to Watch: SLW, HL, PAAS, AGQ, SLV, EXK, CDE

Wall StreetThe ambiguous statement out of the G8 over the weekend is helping to prop up the Euro, which in turn is weakening silver prices. Obviously a fluff statement, which is the norm, it was done out of the lack of consensus for firm action. With multiple major events in the coming weeks including new Greek elections, expect volatility to remain in the silver market.

The well-intentioned statement out of the G8 will do its job in the short-term of propping up the Euro, but without a definitive plan of action it is destined to be rolled back into more market turmoil.

The current silver spot price is down 49 cents to $28.23 per ounce. [Read more...]

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