Western Digital Corp. (NYSE:WDC) is down 11.85% this morning at $38.88. WDC has traded 9.1 million shares so far today, more than double its daily average. WDC shares are falling today after the company said prices are lower in the current quarter than they were at the beginning of the year. The company has a market cap of 9.13 billion.
Newpark Resources Inc. (NYSE:NR) is down 10.46% in early trading at $6.59. NR has traded 1.2 million shares so far today and trades 1.5 million shares a day on average. NR shares are slipping this morning as the company’s latest earnings missed estimates. First quarter EPS was $0.16, less than estimates of $0.21. The company has a market cap of 610.10 million.
Accretive Health, Inc. (NYSE:AH) is down 6.94% today at $9.76. AH has traded 2.9 million shares so far today, well above its daily average of 757 thousand shares a day on average. AH shares have dove more than 50% in the past three days from $19 to less than $10. The company has a market cap of 958.67 million.
Goodyear Tire & Rubber Co. (NYSE:GT) is down 8.72% this morning at $10.93. GT has traded 10.5 million shares so far today, well above its daily average of 6.2 million shares. Goodyear swung to a loss this past quarter due to one-time charges. The company has a market cap of 2.63 billion.
Fusion-io, Inc. (NYSE:FIO) is down 4.28% today at $27.27. FIO has traded 5.3 million shares so far today, 2 million shares more than its daily average. FIO shares are down today despite the company posting better than expected earnings yesterday. The company has a market cap of 2.52 billion.
Key Energy Services Inc. (NYSE:KEG) is down 8.41% this morning at $12.85. KEG has traded 3 million shares so far today, above its daily average of 2.9 million shares. KEG shares are dipping after the company missed estimates on its latest earnings. EPS missed by $0.04 and revenue also missed. The company has a market cap of 1.98 billion.
About Martin Stephenson
