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.