Swisher Hygiene Inc. (NASDAQ:SWSH) is down 21.53% today at $1.36. SWSH has traded 1.06 million shares so far today, 3 times its daily average. SWSH shares are falling today as it faces delisting by Nasdaq. The company has a market cap of 247.04 million.
Gevo, Inc. (NASDAQ:GEVO) is down 29% today at $2.35. GEVO has traded 2.04 million in late morning trading, 4 times its average volume. GEVO shares are down today after announcing plans to stop producing isobutanol at its facility in Minnesota. Gevo will now shift to ethanol production at the plant. The company has a market cap of 91.63 million.
Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) is down 19.56% today at $8.80. MACK has traded 2.7 million shares so far today, way above its average of 124 thousand shares. MACK shares gapped down this morning and hit an intraday low of $8.58 before bouncing slightly. The company has a market cap of 825.19 million.
Odyssey Marine Exploration Inc. (NASDAQ:OMEX) is down 17.89% today at $3.03. OMEX has traded 3.3 million shares so far today, well above its daily average of 658 thousand shares. Odyssey Marine Exploration’s stock is taking a hit today after delaying the retrieving of millions of ounces of silver from two shipwrecks in the Atlantic. Poor weather conditions has caused the company to delay retrieval till next spring. The company has a market cap of 224.69 million.
OCZ Technology Group, Inc. (NASDAQ:OCZ) is down 9.37% today at $3.58. OCZ has traded 5.3 million shares so far today, well above its daily average of 4.4 million shares. OCZ shares are hitting new 52 week lows as investors hope for a buyout after the recent resignation of the company’s founder and CEO. The company has a market cap of 237.73 million.
Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) is down 6.84% today at $2.72. SVNT has traded 3.3 million shares so far today, slightly above its daily average of 3 million shares. SVNT shares are pulling back today after the stock jumped about 30% over the previous week. The company has a market cap of 197.07 million.
About Martin Stephenson
