Nasdaq Stocks Tumbling Today: SGMS, NIHD, LEAP, IPHS, NTSP, ROSG

NASDAQ Screen at Times SquareScientific Games Corporation (NASDAQ:SGMS) is down 25.75% today at $6.19. SGMS has traded 2.1 million shares so far today, well above its daily average of 506 thousand shares. SGMS shares are falling today after announcing second quarter results. Scientific Games saw its margins tighten due to higher costs. The company has a market cap of 556.66 million.

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NII Holdings Inc. (NASDAQ:NIHD) is down 25.68% this morning at $6.01. NIHD has traded 11 million shares in early trading, nearly triple its average volume. NIHD shares are diving today after the company cut its revenue outlook by 1 billion. The company has a market cap of 1.03 billion.

Leap Wireless International Inc. (NASDAQ:LEAP) is down 21.92% this morning at $4.3126. LEAP has traded 5.03 million shares so far today, well above its daily average of 2.1 million shares a day on average. LEAP shares are down today after reporting disappointing results. The company has a market cap of 344.92 million.

Innophos Holdings Inc. (NASDAQ:IPHS) is down 8.37% today at $52.08. IPHS has traded 459 thousand shares so far today, well above its daily average of 145 thousand shares. Innophos Holdings reported earnings on Monday and reported diluted EPS of $0.73, compared to $0.92 a year ago. The company has a market cap of 1.12 billion.

Netspend Holdings, Inc. (NASDAQ:NTSP) is down 10.06% today at $8.53. NTSP has traded 1.1 million shares so far today, about 3 times its average volume. The company has a market cap of 650.77 million.

Rosetta Genomics, Ltd. (NASDAQ:ROSG) is down 6.75% today at $4.2150. ROSG has traded 1.6 million shares so far today, 400 thousand shares more than its daily average. ROSG shares have fallen 62% over the past month.

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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