STMicroelectronics NV (NYSE:STM) is down 14% this morning at $5.66. STM has traded 7.4 million shares so far today, well above its daily average of 2 million shares a day. STM shares have dropped $1.20 a share over the past five days. The company has a market cap of 4.99 billion.
Sonic Automotive Inc. (NYSE:SAH) is down 8.32% in early trading at $16.44. SAH has traded 1.3 million shares so far today, double its daily average. SAH shares are slipping today after first quarter earnings miss estimates. Sonic Automotive reaffirmed 2012 guidance of $1.55 to $1.65 a share. The company has a market cap of 859.30 million.
LDK Solar Co., Ltd. (NYSE:LDK) is down 7.54% today at $3.01. LDK has traded 729 thousand shares in early trading and trades 1.7 million shares a day on average. LDK shares have dropped $0.40 a share since last Thursday. The company has a market cap of 394.31 million.
Eldorado Gold Corp. (NYSE:EGO) is down 5.95% today at $13.13. EGO has traded 3.1 million shares so far today and trades just over 4 million shares a day on average. EGO shares have dropped more than $1.50 a share in the past week. The company has a market cap of 7.26 billion.
Suntech Power Holdings Co. Ltd. (NYSE:STP) is down 6.90% today at $2.43. STP has traded 1.2 million shares so far today and trades 3.3 million shares a day on average. STP shares have fallen $0.50 a share in the past week. The company has a market cap of 442.68 million.
Ivanhoe Mines Ltd. (NYSE:IVN) is down 6.03% this morning at $12.01. IVN has traded 2.4 million shares so far today and trades 3.4 million shares a day on average. IVN shares have dipped $1.50 a share from its high of $13.50 last Wednesday. The company has a market cap of 8.89 billion.
About Rachel Brook
