NASDAQ Stocks Tumbling in Late Morning Trading: SUMR, ACAT, GNOM, PTNR, SCEI, GALE

NASDAQ Screen at Times SquareSummer Infant, Inc. (NASDAQ:SUMR) is down 24.12% this morning at $3.65. SUMR has traded 991 thousand shares so far today, well above its daily average of 67 thousand shares. SUMR was downgraded to hold from buy at Needham following poor quarterly results. The company has a market cap of 65 million.

Arctic Cat Inc. (NASDAQ:ACAT) is down 16.10% today at $35.50. ACAT has traded 928 thousand shares so far today, well above its daily average of 232 thousand shares. Arctic Cat stock is falling after forecasting weak full year results. The company has a market cap of 447.54 million.

Complete Genomics, Inc. (NASDAQ:GNOM) is down 10.16% in early trading at $1.68. GNOM has traded 451 thousand shares so far today and trades 1.3 million shares a day on average. GNOM shares have dropped about $0.60 a share in the past few days. The company has a market cap of 56.25 million.

Partner Communications Company Ltd. (NASDAQ:PTNR) is down 11.44% this morning at $5.73. PTNR has traded 352 thousand shares so far today, double its average volume. PTNR shares have dropped $1.25 a share since Friday. The company has a market cap of 898.07 million.

Sino Clean Energy Inc. (NASDAQ:SCEI) is down 10.33% today at $1.3710. SCEI has traded 459 thousand shares so far today and trades 866 thousand shares a day on average. SCEI shares have dropped nearly $0.40 a share in the past two days. The company has a market cap of 32.49 million.

Galena Biopharma, Inc. (NASDAQ:GALE) is down 7.45% this morning at $1.14. GALE has traded 1.1 million shares so far today and trades 3.2 million shares a day on average. GALE stock was trading as low as $1.04 shortly after market open, but has recovered some since then. The company has a market cap of 57.06 million.

Enjoy this post? Please share...
About Danny Fisher

Danny is the old hat at Active Investor. One of the been around the block a few times traders, his main focus is on overall market conditions. Be it some new merger talk or Washington being Washington, you can expect Danny will be on top of it.

Speak Your Mind

*

Real Time Web Analytics