Network Engines, Inc. (NASDAQ:NEI) is down 24.48% this morning at $1.08. NEI is heading lower on large volume with 793 thousand shares traded, more than 3 times its average volume. The company has a market cap of 45.96 million.
Cosi Inc. (NASDAQ:COSI) is down 13.33% today at $0.91. COSI has traded 500 thousand shares so far today, well above its daily average of 278 thousand shares. COSI announced yesterday it plans to launch a rights offering of up to 19.9% of its common stock. The company has a market cap of 47.98 million.
FreeSeas Inc. (NASDAQ:FREE) is down 15.24% this morning at $1.5680. FREE has traded 473 thousand shares so far today, double its average volume. FREE shares are pulling back today after bouncing nearly 100% yesterday. The company has a market cap of 10.24 million.
Micron Technology Inc. (NASDAQ:MU) is down 2.59% today at $6.96. MU is trading heavy volume today with 53.7 million shares traded so far, way above its daily average 31.9 million shares. The company has a market cap of 6.92 billion.
LJ International Inc. (NASDAQ:JADE) is down 17.15% today at $1.98. JADE has traded 285 thousand shares so far today, 4 times its average volume. JADE shares are down this morning after the company announced its postponing earnings pending audit completion. The company has a market cap of 61.30 million.