NASDAQ Stocks Trading Against Today’s Rally: TITN, LULU, XNPT, REED, ZN, ATVI

NasdaqTitan Machinery, Inc. (NASDAQ:TITN) is down 18.22% this morning at $27.16. TITN has traded 1.02 million shares so far today, double its daily average volume. TITN shares are down today as the company misses first quarter EPS estimates by $0.01. Titan Machinery did beat on revenue and reaffirmed its fiscal year 2013 guidance. The company has a market cap of 585.30 million. Sign Up For Free Stock Alerts

Lululemon Athletica Inc. (NASDAQ:LULU) is down 9.05% today at $63.63. LULU has traded 10.03 million shares this morning, 5 times its daily average. LULU shares are down on the company’s disappointing outlook. The company has a market cap of 9.15 billion.

Xenoport, Inc. (NASDAQ:XNPT) is down 8.90% this morning at $5.56. XNPT has traded 1.7 million shares so far today, 5 times its daily average. Xenoport and Glaxo’s drug approved to treat shingles pain. The company has a market cap of 198.97 million.

REEDS, Inc. (NASDAQ:REED) is down 12.20% today at $3.67. REED has traded 271 thousand shares so far today, 5 times its daily average 59 thousand shares. REED shares are pulling back today after hitting a new 52 week high of $4.48 yesterday. The company has a market cap of 39.85 million.

Zion Oil & Gas, Inc. (NASDAQ:ZN) is down 9.91% this morning at $1.9280. ZN has traded 303 thousand shares so far today, 3 times its daily average. Zion Oil & Gas reduces the exercise of outstanding warrants to $1.75. The company has a market cap of 58.91 million. Sign Up For Free Stock Alerts

Activision Blizzard, Inc. (NASDAQ:ATVI) is down 2.60% today at $11.78. ATVI has traded 13.9 million shares so far today, 4 million shares a day on average. ATVI shares are down today on reports that Vivendi may sell 61% stake in Activision Blizzard. The company has a market cap of 13.02 billion.

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About Rachel Brook

Rachel Brook is an up and coming financial writer focusing on commodity price inflation and how the overall market reacts to the price swings. She also covers emerging markets in Africa and SE Asia.

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