Pendrell Corporation (NASDAQ:PCO) is down 47% in early trading at $1.15. PCO has traded 8.9 million shares already today, 20 times its daily average. PCO shares are tumbling after a court overthrows the company’s win over Boeing. The company has a market cap of 288.99 million.
Halozyme Therapeutics, Inc. (NASDAQ:HALO) is down 25.02% this morning at $8.45. HALO has traded 5.6 million shares so far today, 5 times its average volume. HALO shares are falling after the FDA demands more data before making a decision. The company has a market cap of 879.91 million.
Spreadtrum Communications Inc. (NASDAQ:SPRD) is down 11.73% today at $14.97. SPRD has traded 1.9 million shares so far today, well above its daily average of 1.1 million shares. SPRD shares were trading as low as $14.41, but have recovered slightly since. The company has a market cap of 697.57 million.
China Information Technology, Inc. (NASDAQ:CNIT) is down 8.76% today at $1.25. CNIT has traded 435 thousand shares so far today, 3 times its average volume. CNIT shares have fallen $0.25 a share from its intraday high on Friday. The company has a market cap of 34.31 million.
Westport Innovations Inc. (NASDAQ:WPRT) is down 10.18% this morning at $33.84. WPRT has traded 3.1 million shares so far today, 800 thousand shares more than its daily average. WPRT shares have fallen about over $4 a share in the past three days. The company has a market cap of 1.90 billion.
Mattel, Inc. (NASDAQ:MAT) is down 7.59 today at $31.55. MAT has traded 4.8 million shares so far today, well above its daily average of 3.1 million shares. MAT shares are tumbling today as its first quarter net income fell. The company has a market cap of 10.66 billion.