InterOil Corporation (NYSE:IOC) is down 11.16% this morning at $51.40. IOC has traded just over a million shares so far today, well above its daily average of 779 thousand shares. IOC shares are falling after the company received a letter from the Department of Petroleum and Energy in Papua New Guinea saying the government intends to cancel a planned natural gas agreement with a joint venture led by InterOil. The company has a market cap of 2.54 billion.
Kemet Corp. (NYSE:KEM) is down 6.27% today at $5.65. KEM has traded nearly 700 thousand shares so far today, double its daily average volume. KEM shares have dropped 30% in the past five days with the biggest drop coming after earnings last Thursday.
McEwen Mining Inc. (NYSE:MUX) is down 5.61% today at $2.8533. MUX has traded 1 million shares so far today and trades 2.3 million shares a day on average. MUX shares have dropped $0.30 a share since last Wednesday. The company has a market cap of 481.71 million.
Lloyds Banking Group plc (NYSE:LYG) is down 4.64% this morning at $1.8691. LYG has traded 1.2 million shares so far today and trades 1.7 million shares a day on average. Banking stocks are a little shaky today as concerns in Europe weigh heavily on the market. The company has a market cap of 31.79 billion.
United Rentals, Inc. (NYSE:URI) is down 4.10% today at $41.63. URI has traded 801 thousand shares so far today and trades 2.1 million shares a day on average. United Rentals stock saw a decent bounce last week from $40.50 to $44. The company has a market cap of 2.63 billion.
ING Groep NV (NYSE:ING) is down 4.83% today at $6.31. ING has traded 1.7 million shares so far today and trades 4.4 million shares a day on average. ING shares are also taking a hit today due to Euro concerns. The company has a market cap of 23.73 billion.
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