Nasdaq Stocks Trading Lower Today: PEIX, APOL, CECO, NTSP, THLD, DNDN

Nasdaq stocks

Pacific Ethanol, Inc. (NASDAQ:PEIX) is down 21.05% today at $1.2711. PEIX is down on heavy volume with 12.6 million shares traded so far today, more than double its average volume. PEIX shares fell today after reported earnings late yesterday afternoon. The company missed EPS by $0.06. Pacific Ethanol saw a 53% YoY increase in total gallons sold. The company has a market cap of 116.32 million.

Apollo Group, Inc. (NASDAQ:APOL) is down 12.55% in morning trading at $44.95. APOL has traded 9 million shares so far today, 9 times its usual trading volume. APOL shares fell after the company lowered its expectations for student numbers and operating income. It says changes in how it finds students, more competition and the improving jobs market is hurting its fiscal second quarter. The company has a market cap of 5.66 billion.

Career Education Corporation (NASDAQ:CECO) is down 13.66% today at $9.67. CECO has traded 1.4 million shares so far today and trades 1.6 million shares a day on average. CECO shares are down today after the company reported a $1.64 per share loss today versus EPS of $0.15 a year ago. The company has a market cap of 747.92 million.

NetSpend Holdings, Inc. (NASDAQ:NTSP) is down 5.80% today at $8.93. NTSP has traded 1.4 million shares today, nearly 5 times its average volume. NTSP shares are dipping some today after the stock jumped more than $1 a share following earnings on Feb 16. The company has a market cap of 703.25 million.

Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) is down 9.05% this morning at $5.32. THLD has traded 2.1 million shares so far today, already above its daily average of 1.9 million shares. THLD shares are slipping some today which is to be expected since the stock did rise from $1.32 to over $6 this month thanks to a global agreement with Merck KGaA for its drug TH-302. The company has a market cap of 264.31 million.

Dendreon Corporation (NASDAQ:DNDN) is down 6.35% today at $11.07. DNDN has traded 10.8 million shares today, above its daily average of 9.6 million shares a day. DNDN shares continue to fall after posting disappointing quarterly results yesterday. The company has a market cap of 1.65 billion.

Sign up for our newsletter

> Investment News
> Latest Investing Products
> Breaking News

Sign Up Free Today!

About Martin Stephenson

An avid market watcher, Martin enjoys the tech arena the most with the Nasdaq being his main area of focus. A finance major, Martin is working to the goal of one day ringing the bell at the NYSE.

Speak Your Mind

*

Real Time Web Analytics