Penn Virginia Corporation (NYSE:PVA) is down 14.71% today at $4.9210. PVA has traded 3.1 million shares so far today, well above its daily average of 1.2 million shares. Penn Virginia announced fourth quarter results yesterday and investors aren’t reacting to it kindly today. PVA had an operating loss of $37.1 million for the fourth quarter. The company has a market cap of 223.97 million.
GrafTech International Ltd. (NYSE:GTI) is down 15.95% today at $12.96. GTI is down on heavy volume today with 9.8 million shares traded, well above its daily average of 1 million shares. GTI shares are getting hit today after the company’s fourth quarter revenue missed analysts’ estimates. The company posted revenue of $348 million versus estimates of $363.4 million. The company has a market cap of 1.89 billion.
Safeway Inc. (NYSE:SWY) is down 8.38% today at $20.77. SWY has traded 19.3 million shares so far today, more than 3 times its average volume. SWY shares fell after the company posted its fourth quarter results today. Safeway earned $215.6 million in the fourth quarter, down from $229.6 million last year. The company has a market cap of 7.15 billion.
HyperDynamics Corporation (NYSE:HDY) slipped 9.23% in afternoon trading at $1.18. HDY has traded 6.9 million shares so far today, well above its daily average of 4 million shares. HDY shares continue to fall after news that a well it drilled showed low amounts of oil The company has a market cap of 195.17 million.
Hanwha SolarOne Co., Ltd (NASDAQ:HSOL) is down 9.49% today at $1.7650. HSOL is trading above average volume today with 1.2 million shares traded. HSOL shares are falling today after the stock was as high as $2.30 earlier this month. The company has a market cap of 149.51 million.