A123 Systems, Inc. (NASDAQ:AONE) is down 14.12% in midday trading at $1.46. AONE is down on heavy volume today with 6.5 million shares traded, more than double its daily average. AONE shares plummeted this morning news this morning that it would cost $55 million for the company to replace battery modules and packs that may be defective. The company has a market cap of 214.40 million.
Comverge, Inc. (NASDAQ:COMV) is down 7.44% today at $1.74. COMV has traded 1.2 million shares so far today, 5 times its average volume. Comverge agreed this morning to go private for $49 million or $1.75 per share. The company has a market cap of 44.66 million.
James River Coal Company (NASDAQ:JRCC) is down 6.96% today at $5.49. JRCC has traded 1.4 million shares in midday trading and trades 2.5 million shares a day on average. JRCC shares are down more than $0.60 over the past five days. The company has a market cap of 188.80 million.
Galena Biopharma, Inc. (NASDAQ:GALE) is down 7.48% in midday trading at $2.0901. GALE has traded 3.4 million shares so far today, above its daily average of 2.3 million shares. GALE continues to sell off today after rallying last week nearly 100% on patent news. The company has a market cap of 90.21 million.
Entertaining Gaming Asia Incorporated (AMEX:EGT) is down 3.61% today at $0.4964. EGT is slipping on above average volume with 733 thousand shares traded. EGT is seeing a slight sell off today after the stock rallied most of March from around $0.27 to over $0.50. The company has a market cap of 59.06 million.
KB Home (NYSE:KBH) is down 5.25% today at $9.75. KBH has traded 7.8 million shares so far today, above its average of 6.8 million shares. KB Home reported first quarter earnings today and missed on both revenue and EPS. Revenue came in at $254.6 million, analysts were predicting around $337.7 million. KB Home reported a loss of $0.48 per share, worse than the $0.23 per share. The company has a market cap of 754.32 million.
Trina Solar Limited (NYSE:TSL) is down 4.22% today at $7.75. TSL has traded 2.7 million shares so far today and trades 4.7 million shares a day on average. TSL shares had been rallying earlier this month after a tariff decision sent companies in the solar market higher. The company has a market cap of 543.93 million.
About Martin Stephenson
