InvenSense, Inc. (NYSE:INVN) is down 10.10% this morning at $12.10. INVN has traded 1.1 million shares so far today and trades 2.1 million shares a day on average. INVN have dropped 25% over the past week. The company has a market cap of 980.37 million.
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Rackspace Hosting, Inc. (NYSE:RAX) is down 12.53% in early trading at $50.57. Rackspace posted first quarter earnings late yesterday and reported revenue of $301.47 million, meeting expectations of $300 million. EPS came in at $0.17 per share, missing estimates of $0.18 per share. The company has a market cap of 6.69 billion.
Quicksilver Resources Inc. (NYSE:KWK) is down 10.58% today at $4.1301. KWK has traded 1.3 million shares so far today and trades 3.9 million shares a day on average. Quicksilver announced quarterly results this morning and beat EPS estimates by $0.12, but missed on revenue. The company also expects a weak second quarter due to low natural gas prices. The company has a market cap of 698.54 million.
Thompson Creek Metals Company Inc. (NYSE:TC) is down 8.41% today at $4.24. TC has traded 8.1 million shares so far today, 4 times its daily average. Thompson announced an offering of senior notes and tangible equity units. TC shares have dropped nearly 30% since last Wednesday. The company has a market cap of 712.66 million.
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Michael Kors Holdings Ltd. (NYSE:KORS) is down 6.76% this morning at $41.18. KORS has traded 3.2 million shares so far today, well above its daily average of 2.7 million shares. KORS shares have dropped more than 17% over the past week. The company has a market cap of 7.73 billion.
Ralph Lauren Corporation (NYSE:RL) is down 7.65% today at $155.81. RL has traded 1.2 million shares so far today, 500 thousand shares more than its daily average. Ralph Lauren stock as well as other retailers are getting hit today after Fossil shares get hit hard due to weak sales in Europe. The company has a market cap of 14.22 billion.
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