Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is down more than 30% right now at $34.83. QCOR was down as much as 55% and hit a low of $22.29 after reports came out that Aetna was rejecting Acthar gel for most conditions. The pharmaceutical company was defended by analysts at Oppenheimer who said the reports were misinterpreting Aetna’s report. The company has a market cap of 1.85 billion.
BioFuel Energy Corp. (NASDAQ:BIOF) is down 15.39% today at $7.53. BIOF has traded 812 thousand shares so far today, well above its daily average of 206 thousand shares. BIOF shares are dipping for a second straight day following the stock’s recent run up from $3 to $10. The company has a market cap of 38.67 million.
Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) is down 13.83% today at $4.86. IDIX has traded 3.04 million shares so far today, well above its daily average of 2.09 million shares. IDIX shares are down today after Bank of America downgraded the stock to neutral from buy with a price target of $6. The company has a market cap of 645.03 million.
Catalyst Pharmaceutical Partners Inc. (NASDAQ:CPRX) is down 4.53% heading into midday at $1.90. CPRX has traded nearly 6.1 million shares already today, more than 6 times its average volume. CPRX shares are pulling back today after the stock ran from $1.40 to $2.20 a share this week. The company has a market cap of 57.73 million.
Deckers Outdoor Corp. (NASDAQ:DECK) is down 8.44% today at $40.24. DECK has traded 5.6 million shares so far today, well above its daily average of 1.7 million shares. Deckers has been getting pummeled this week after an analyst reiterated that Ugg sales were struggling and the price of the popular boots have been discounted. The company has a market cap of 1.49 billion.
Rosetta Genomics, Ltd. (NASDAQ:ROSG) is down 5.38% today at $6.16. ROSG has traded 1.4 million shares so far today and trades 1.6 million shares a day on average. ROSG shares are pulling back after the stock ran from $5.20 to $6.80 earlier this week. The company has a market cap of 4.32 million.
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