Stocks Trading Lower In Midday Trading: CETV, MTSN, NFX, CELL, HDY, RDN

stock market today

Central European Media Enterprises (NASDAQ:CETV) is down 18.12% in midday trading at $6.95. CETV has traded 1.4 million shares at midday, more than 3 times its daily average. CETV shares are tumbling today after its quarter loss widens. The company’s net loss was $77.2 million. The company has a market cap of 450.75 million.

Mattson Technology, Inc. (NASDAQ:MTSN) is down 15.36% today at $2.70. MTSN has traded 1.4 million shares so far today, above its daily average of 487 thousand shares. Mattson released its annual report earlier this morning. The company has a market cap of 157.93 million.

Newfield Exploration Company (NYSE:NFX) is down 12.19% in midday trading at $37.10. NFX has traded 7.3 million shares today, nearly 4 times its average volume. Newfield released fourth quarter results late yesterday. The company posted net income of $68 million and revenue of $677 million. Adjusted net income came in at $0.95 per share, falling short of Wall Street estimates of $697.4 million. The company has a market cap of 4.93 billion.

Brightpoint, Inc. (NASDAQ:CELL) is down 10.30% today at $8.97. CELL has traded 1.1 million shares in midday trading, close to double the stock’s average volume. CELL shares are down today after the company reduced its forecast for 2012 earnings to $1.13, down from $1.17. The company has a market cap of 607.37 million.

HyperDynamics Corporation (NYSE:HDY) is down 4.86% in midday trading at $1.37. HDY has traded 2.7 million shares today and trades 4 million shares a day on average. HDY shares continue to trade lower after a well the company drilled showed low amounts of oil. The company has a market cap of 226.87 million.

Radian Group Inc. (NYSE:RDN) is down 5.24% today at $3.88. RDN has traded 5.6 million shares so far today and trades 6.3 million shares on average. RDN shares are up more than $1 since the start of the year. Radian Group will have an earnings conference call tomorrow at 10am EST. The company has a market cap of 513.48 million.

Sign up for our newsletter

> Investment News
> Latest Investing Products
> Breaking News

Sign Up Free Today!

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.

Speak Your Mind


Real Time Web Analytics