Nasdaq Stocks Trading Against Rally: PSTI, FMER, ESSX, YRCW, BONT, LTON

Nasdaq StocksPluristem Therapeutics, Inc. (NASDAQ:PSTI) is down 14.32% this afternoon at $3.89. PSTI has traded 7.3 million shares so far today, about 7 times its normal volume. PSTI shares are down today after the company priced its public offering at $4/share. The company has a market cap of 184.60 million.

FirstMerit Corporation (NASDAQ:FMER) is down 9.61% today at $15.51. FMER has traded 7.7 million shares so far today, 10 times its average volume. FirstMerit made a $952 million bid for Citizens Republic Bancorp. The company has a market cap of 1.70 billion.

Essex Rental Corp. (NASDAQ:ESSX) is down 6.76% today at $3.45. ESSX has traded 213 thousand shares so far today, well above its daily average of 78 thousand shares. The company has a market cap of 83.98 million.

YRC Worldwide Inc. (NASDAQ:YRCW) is down 4.81% today at $6.93. YRCW has traded 323 thousand shares so far today, well above its daily average of 152 thousand shares. YRCW shares are pulling back today after the stock jumped more than $1 over the previous week. The company has a market cap of 51.32 million.

Bon-Ton Stores Inc. (NASDAQ:BONT) is down 4.62% today at $14.04. BONT has traded 585 thousand shares so far today, well above its daily average of 286 thousand shares. BONT shares are falling today after it hit a 52 week high yesterday. The company has a market cap of 281.63 million.

Linktone Ltd. (NASDAQ:LTON) is down 8.78% today at $2.70. LTON has traded 232 thousand shares so far today, well above its daily average of 90 thousand shares. The company has a market cap of 110.49 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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