Geron Corporation (NASDAQ:GERN) is down $0.43 at $1.77, a loss of 19.55%. Shares of Geron fell this morning after the company said it would drop stem cells and focus on cancer. The company will also cut 66 jobs. GERN has traded 4.2 million shares so far today, four times its daily average. GERN has been on a steady decline since May when the stock was trading over $5/share. The company has a current market cap of 232.64 million.
Telestone Technologies Corp. (NASDAQ:TSTC) is down 20.71% this morning at $5.55. TSTC has traded 352 thousand shares so far today, twice its daily average. The company announced third quarter results this morning. TSTC had been trending upward until about a week ago when it was trading above $9. The company has a current market cap of 68.32 million.
Towerstream Corporation (NASDAQ:TWER) is trading down 24% this morning at $2.05. The stock is dipping this morning after the company reported third quarter results late yesterday. TWER reported a net loss of $2.6 million, up from the previous quarter of 1.2 million. TWER has traded 778 thousand shares this morning, more than double its daily average of 332 thousand shares.
ZAGG Inc. (NASDAQ:ZAGG) is down 15% at $10.27 this morning. ZAGG announced third quarter results yesterday that beat Wall Street’s expectations. I guess investors weren’t impressed with the results as ZAGG is having a steep sell off this morning. ZAGG has traded 1.5 million shares this morning, 500 thousand more than its daily average. Over the past year, ZAGG has hit a low of $6.23 and a high of $17.10. The company has a current market cap of 305.12 million.
Cadence Pharmaceuticals Inc. (NASDAQ:CADX) is down 5% at $3.75 this morning. CADX has traded 5.2 million shares this morning after the company announced the pricing of public offering at $3.75. The company has a current market cap of 239 million.