NYSE Stocks Sinking in Midday Trading: PCX, EXPR, HGT, CVI, ACI, LSI

Traders at the NYSEPatriot Coal Corporation (NYSE:PCX) is down 31.25% today at $2.3050. PCX has traded 20.8 million shares so far today, well above its daily average of 7.4 million shares. PCX shares have dropped $1.70 a share over the past week. The company has a market cap of 223.20 million. UPDATE: PCX shares are now down nearly 60% as reports come out the company is looking at restructuring advisers in the event the company cannot meet its near term financing needs.

Express Inc. (NYSE:EXPR) is down 25.12% today at $17.29. EXPR has traded 11.7 million shares so far today, 11 times its daily average. EXPR shares are tanking as the company reported lower than expected results. The company has a market cap of 1.53 billion.

Hugoton Royalty Trust (NYSE:HGT) is down 32.45% today at $7.87. HGT has traded 3.6 million shares so far today, way above its daily average of 292 thousand shares. HGT shares are down nearly 50% over the past week. The company has a market cap of 326.00 million.

CVR Energy, Inc. (NYSE:CVI) is down 6.41% today at $29.30. CVI has traded just over a million shares so far today and trades 2.1 million shares a day on average. CVI shares are down more than $2 a share today after the stock hit a new 52 week high of $31.71 yesterday. The company has a market cap of 2.56 billion.

Arch Coal Inc. (NYSE:ACI) is down 10.88% today at $6.88. ACI has traded 11.3 million shares so far today and trades 12.03 million shares a day on average. ACI shares hit a new 52 week low of $6.84 today. The company has a market cap of 1.51 billion.

LSI Corporation (NYSE:LSI) is down 5.18% today at $6.95. LSI has traded 10.6 million shares so far today and trades 10.9 million shares a day on average. LSI shares have dropped $0.60 a share in the past week. The company has a market cap of 3.95 billion.

Enjoy this post? Please share...
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.

Speak Your Mind

*

Real Time Web Analytics