Nasdaq Stocks Down for July 23: ITMN, PETS, HSOL, AKRX, ATPG, PANL

NASDAQ Screen at Times SquareInterMune Inc. (NASDAQ:ITMN) is down 12.84% this morning at $10.21. ITMN has traded 1.4 million shares so far today, well above its daily average of 1.3 million shares. ITMN shares are down today on weak second quarter sales from its lung disease therapy Esbreit. The company has a market cap of 665.07 million.

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PetMed Express, Inc. (NASDAQ:PETS) is down 12.30% today at $9.88. PETS has traded 482 thousand shares so far today, well above its daily average of 250 thousand shares. PETS shares are falling on a drop in first quarter profit. The company has a market cap of 199.18 million.

Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL) is down 11.67% today at $1.06. HSOL has traded 252 thousand shares this morning and trades 283 thousand shares a day on average. HSOL shares are down 16% over the past five days. The company has a market cap of 89.42 million.

Akorn, Inc. (NASDAQ:AKRX) is down 9.36% this morning at $13.51. AKRX has traded 1.2 million shares so far today, well above its daily average of 1.1 million shares. AKRX shares were downgraded to hold from buy at Deutsche Bank. The company has a market cap of 1.29 billion.

ATP Oil & Gas Corp. (NASDAQ:ATPG) is down 7.38% today at $2.51. ATPG has traded 1.01 million shares this morning and trades 2.3 million shares a day on average. ATPG shares are down nearly 25% over the past five days. The company has a market cap of 128.10 million.

Universal Display Corp. (NASDAQ:PANL) is down 7.14% today at $31.35. PANL has traded 416 thousand shares so far today and trades 1.06 million shares a day on average. PANL shares are down 12% over the past two days. The company has a market cap of 1.43 billion.

About MarcS

An experienced trader with a background in political science, Marc got his start as an individual trader surfing the old stock message boards. He is always on the lookout for the next big winner.

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