Millennial Media, Inc. (NYSE:MM) is down 7.32% today at $23.17. MM has traded 1.3 million shares so far today. Millennial Media launched its IPO yesterday and shares more than doubled as it prices its 10.2 million shares at $13 each. The company has a market value of nearly $2 billion.
InvenSense, Inc. (NYSE:INVN) is down 6.28% this morning at $18.37. INVN has traded 2 million shares so far today, 500 thousand shares more than its daily average. InvenSense was downgraded by Oppenheimer to perform from outperform. The company has a market cap of 1.45 billion.
Valero Energy Corporation (NYSE:VLO) is down 3.49% today at $25.72. VLO has traded 7.5 million shares so far today and trades 10.6 million shares a day on average. VLO shares are down $2 a share since Tuesday. The company has a market cap of 14.10 billion.
Lions Gate Entertainment Corp. (NYSE:LGF) is down 3.58% in early trading at $13.69. LGF has traded 2.5 million shares this morning and trades 2.8 million shares a day on average. LGF shares are down close to $2 this week as traders take profits following the stock’s rally this year. The company has a market cap of 1.72 billion.
Patriot Coal Corporation (NYSE:PCX) is down 3.60% at $6.3241. PCX has traded 4.4 million shares so far today and trades 7.3 million shares a day on average. PCX share are down $0.50 per share for the week. The company has a market cap of 570.97 million.
US Airways Group, Inc. (NYSE:LCC) is down 2.79% today at $7.67. LCC has traded 2.6 million shares so far today and trades 8.4 million shares a day on average. LCC shares are down $0.20 from its high yesterday. The company has a market cap of 1.25 billion.
About Danny Fisher
