.46. EK finished the day down 28.19% at .47." />

Stocks Heading Lower In After Hours: EK, SVNT, FCF, MU, PHM

Eastman Kodak Co. (NYSE:EK) is down 3.83% in after hours trading at $0.46. EK finished the day down 28.19% at $0.47. According to reports, Kodak is preparing to file for Chapter 11 bankruptcy. EK traded 31.1 million shares today, nearly 4 times its daily average volume. The company has a market cap of 126.88 million.

Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) is down 2.53% in after hours trading at $2.31. SVNT closed 2.60% higher today at $2.37. SVNT is up about $0.30 a share since last Thursday. SVNT traded 1 million shares today and trades 1.6 million shares a day on average. The company has a market cap of 166.37 million.

First Commonwealth Financial Co (NYSE:FCF) is down 2.48% in after hours trading at $5.50. FCF closed the day up 3.11% at $5.64 with just over a million shares traded. First Commonwealth will host fourth quarter and full-year 2011 earnings conference call on January 25. The company has a market cap of 590.67 million.

Micron Technology Inc. (NASDAQ:MU) is down 2.36% in after hours trading at 6.83. MU finished the day 3.48% higher at $6.99 with 42.9 million shares traded. The company has a market cap of 6.86 billion.

PulteGroup, Inc. (NYSE:PHM) is down 1.85% in after hours trading at $6.42. PHM closed the day slightly higher, gaining 0.31% at $6.54. PHM traded 9.4 million shares today and trades 11.8 million shares a day on average. The company has a market cap of 2.50 billion.

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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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