BroadSoft, Inc. (NASDAQ:BSFT) is down 19.91% this morning at $32.75. BSFT is seeing a big uptick in volume today with 1.7 million shares traded, 3 times its average. BroadSoft reported a beat on first quarter earnings, but guidance fell below estimates causing shares to slip. The company has a market cap of 886.45 million.
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Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is down 17.76% today at $57.34. CTSH shares are taking a hit today after lowering its 2012 guidance. CTSH has traded nearly 18 million shares this morning, 9 times its daily average. The company has a market cap of 17.31 billion. [Read more...]