Nasdaq Stocks Down Today: RIMM, CAMP, UNIS, SURG, GEVO

Nasdaq StocksResearch In Motion Limited (NASDAQ:RIMM) is down 18.07% today at $7.47. RIMM has traded 28.7 million shares so far today, 8 million shares more than its daily average. RIMM shares are tumbling today after posting an earnings loss. The company has a market cap of 3.90 billion.

CalAmp Corp. (NASDAQ:CAMP) is down 13.34% today at $7.28. CAMP has traded 750 thousand shares so far today, well above its daily average of 293 thousand shares. CAMP reported first quarter results late yesterday. The stock is up nearly 100% since the start of the year. The company has a market cap of 194.51 million.

Unilife Corporation (NASDAQ:UNIS) is down 14.10% today at $3.23. UNIS has traded 813 thousand shares so far today, 500 thousand shares more than its daily average. UNIS shares are pulling back today after announcing offering of more than 6 million shares at $3.25 per share. The company has a market cap of 231.76 million.

Synergetics USA, Inc. (NASDAQ:SURG) is down 9.89% today at $4.28. SURG has traded 340 thousand shares so far today, well above its average of 204 thousand shares. SURG shares are pulling back after the stock jumped from less than $4 to nearly $5.50 yesterday following FDA approval of the company’s eye surgery device. The company has a market cap of 111.11 million.

Gevo, Inc. (NASDAQ:GEVO) is down 1.21% today at $4.90. GEVO has traded 4 million shares so far today, way above its daily average of 289 thousand shares. GEVO shares are down about 50% over the past week. Gevo announced an offering priced at $4.95 per share earlier today. The company has a market cap of 127.05 million.

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About Kyle Pinder

Kyle Pinder has has over five years trading and research experience in the large cap space. While still in grad school, Kyle trades daily and keep Active Investor up to date with the latest breaking news coming out of Wall Street and Washington.

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