NYSE Stocks in the Red This Morning: FRO, QIHU, MTL, HGT, RDN, MUX

Traders at the NYSEFrontline Ltd. (NYSE:FRO) is down 8.47% today at $4.97. FRO has traded 579 thousand shares so far today and trades 2.6 million shares a day on average. FRO shares rallied about $0.80 earlier this week before selling off. The company has a market cap of 386.76 million.

Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) is down 7.85% this morning at $19.72. QIHU has traded 2.4 million shares so far today, 400 thousand shares more than its daily average. QIHU shares are down today despite posting a beat on EPS, revenue and second quarter guidance yesterday. The company has a market cap of 2.36 billion.

Mechel OAO (NYSE:MTL) is down 7.27% this morning at $5.61. MTL has traded 2.05 million shares so far today and trades 3.4 million shares a day on average. The company has a market cap of 2.34 billion.

Hugoton Royalty Trust (NYSE:HGT) is down 7.50% today at $7.08. HGT has traded 1.2 million shares this morning, 4 times its daily average. HGT shares are down more than $5 a share over the past week. The company has a market cap of 284 million.

Radian Group Inc. (NYSE:RDN) is down 6.13% in early trading at $2.45. RDN has traded 1.7 million shares so far today and trades over 5 million shares a day on average. RDN shares jumped more than $0.80 earlier this week on investor’s talk of a sale and has seen profit taking yesterday and today. The company has a market cap of 325.24 million.

McEwen Mining INc. (NYSE:MUX) is down 5.09% this morning at $2.05. MUX has traded 1.6 million shares so far today and trades 2.6 million shares a day on average. MUX shares have dropped more than $0.50 in the past five days. The company has a market cap of 547.70 million.

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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.

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