Pacific Ethanol, Inc. (NASDAQ:PEIX) is down 21.05% today at $1.2711. PEIX is down on heavy volume with 12.6 million shares traded so far today, more than double its average volume. PEIX shares fell today after reported earnings late yesterday afternoon. The company missed EPS by $0.06. Pacific Ethanol saw a 53% YoY increase in total gallons sold. The company has a market cap of 116.32 million.
Apollo Group, Inc. (NASDAQ:APOL) is down 12.55% in morning trading at $44.95. APOL has traded 9 million shares so far today, 9 times its usual trading volume. APOL shares fell after the company lowered its expectations for student numbers and operating income. It says changes in how it finds students, more competition and the improving jobs market is hurting its fiscal second quarter. The company has a market cap of 5.66 billion. [Read more...]