CIENA Corp. (NASDAQ:CIEN) is down 17.64% today at $13.77. CIEN has traded 19.1 million shares already today, more than triple its daily average. CIEN shares are pulling back today after its third quarter results miss expectations. The company has a market cap of 1.37 billion.
Bio-Reference Laboratories Inc. (NASDAQ:BRLI) is down 8.66% this morning at $26.04. BRLI is seeing heavy volume today with more than 600 thousand shares traded. The stock typically trades about 240 thousand shares a day on average. BRLI shares are down today despite beating quarterly earnings estimates by $0.03 and reaffirmed fiscal year 2012 revenue guidance. The company has a market cap of 719.73 million.
Sears Holdings Corporation (NASDAQ:SHLD) is down 7.62% today at $53.07. SHLD has traded 1.8 million shares so far today, well above its daily average of 694 thousand shares. SHLD shares are tumbling today after the company was removed from the S&P 500. The company has a market cap of 5.65 billion.
Tangoe, Inc. (NASDAQ:TNGO) is down 7.03% today at $15.99. TNGO has traded 858 thousand shares so far today, well above its daily average of 580 thousand shares. TNGO shares are continuing to fall today and has dipped about $5 a share over the past four days. The company has a market cap of 596.59 million.
Finisar Corp. (NASDAQ:FNSR) is down 6.68% today at $14.38. FNSR has traded 1.4 million shares so far today and trades 2.5 million shares a day on average. FNSR shares are down today following Ciena’s weak quarterly results. The company has a market cap of 1.32 billion.
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