Nasdaq Stocks Falling Today: PPHM, WTSLA, OTT, DELL, CLWR, RJET

NasdaqPeregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) is down 17.17% today at $2.31. PPHM has traded 4.1 million shares so far today, well above its daily average of 2.2 million shares. The company has a market cap of 240.64 million.

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Wet Seal Inc. (NASDAQ:WTSLA) is down 12.48% today at $2.68. WTSLA has traded 2.8 million shares so far today, well above its daily average of 1.3 million shares. WTSLA shares are tumbling as financial problems continue. The company has a market cap of 242.33 million.

Otelco Inc. (NASDAQ:OTT) is down 11.82% today at $1.79. OTT has traded 391 thousand shares so far today, well above its daily average of 168 thousand shares. OTT shares are down nearly 30% over the past five days.

Dell Inc. (NASDAQ:DELL) is down 6.73% today at $11.51. DELL has traded 34.4 million shares so far today, well above its daily average of 20.4 million shares. DELL shares are down today due to a weak full year outlook. The company has a market cap of 19.98 billion.

Clearwire Corporation (NASDAQ:CLWR) is down 5.94% this morning at $1.69. CLWR has traded 7.5 million shares so far today and trades 10.3 million shares a day on average. CLWR shares are down today after being downgraded to underperform from sector perform at RBC Capital. The company has a market cap of 916.14 million.

Republic Airways Holdings Inc. (NASDAQ:RJET) is down 6.79% today at $4.74. RJET has traded 185 thousand shares so far today and trades 384 thousand shares a day on average. Evercore Partners downgraded Republic Airways to equal weight from overweight. The company has a market cap of 232.27 million.

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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