Stocks Heading Lower This Morning: CSKI, VG, QSFT, AAWW, WSH, NBG

China Sky One Medical, Inc. (NASDAQ:CSKI) is down 28.10% this morning. CSKI has traded 529 thousand shares so far today, up from its average of 56 thousand shares. China Sky shares are trading lower today due to CEO illness and 26 resignations. The company has a market cap of 18.63 million.

Vonage Holdings Corp. (NYSE:VG) is down 16.12% today at $2.29. VG has traded 7.1 million shares this morning, nearly 4 times its daily average. Vonage reported fourth quarter earnings this morning. EPS and revenue were in-line with estimates, but investors reacted negatively after the company said it would ramp up spending in 2012. The company has a market cap of 531.19 million.

Quest Software, Inc. (NASDAQ:QSFT) is down 9.75% today at $19.54. QSFT has traded 1.2 million shares today, more than double its average volume. Quest shares are falling today following fourth quarter results. Fourth quarter profit missed Wall Street estimates and the CEO stepped down due to health reasons. The company has a market cap of 1.60 billion.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) is down 11.04% this morning at $44.89. AAWW has traded 1.2 million shares so far today, 6 times its daily average. Atlas Air posted fourth quarter results this morning. EPS missed by $0.39 per share and revenue missed. EPS came in at $1.50 with revenue of $388.2 million. The company has a market cap of 1.18 billion.

Willis Group Holdings (NYSE:WSH) is down 8.09% today at $35.53. WSH has traded 2.3 million shares today, up from its average volume of 887 thousand shares. Wills Group announced fourth quarter results after market close yesterday. EPS was $0.46 per share, less than estimates of $0.48 per share. Wills Group also announced it plans to buyback $100 million worth of shares. The company has a market cap of 6.13 billion.

National Bank of Greece (NYSE:NBG) is down 8.04% this morning at $3.43. NBG has traded 942 thousand shares in early trading, just short of its daily average of 1 million shares. NBG shares are trading lower as investors react to every headline coming out of the country. There is a lot of uncertainty that a deal will get done and how it will look. The company has a market cao of 16.39 billion.

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About Martin Stephenson

An avid market watcher, Martin enjoys the tech arena the most with the Nasdaq being his main area of focus. A finance major, Martin is working to the goal of one day ringing the bell at the NYSE.

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