NASDAQ:CAVM

6 Nasdaq Stocks Trading Lower Today: SGI, CDTI, AMAG, CAVM, DGIT, QSII

NasdaqSilicon Graphics International Corp. (NASDAQ:SGI) is down 24.09% today at $6.91. SGI has traded 2.5 million shares so far today, 4 times its daily average. SGI shares are tumbling after reporting fiscal third quarter results. Quarterly results were good with revenue up nearly 40% to $199.4 million and EPS of $0.11 per share. What caused shares to fall was fourth quarter guidance. Silicon is expecting fourth quarter revenue to be in the range of $177 million to $197 million and a net loss of $0.37 to $0.52 a share. Analysts were expecting revenue of $208.9 million and $0.16 a share in profit. The company has a market cap of 222.72 million.

Clean Diesel Technologies Inc. (NASDAQ:CDTI) is down 18.64% this morning at $2.88. CDTI has traded 458 thousand shares so far today, well above its daily average of 342 thousand shares. Clean Diesel posted a larger loss than expected in the first quarter causing shares to fall. The company posted a loss of $2.8 million or $0.39 per share. The company has a market cap of 20.64 million. [Read more...]

Stocks Down In After Hours: CAVM, ARIA, IGT, CCM, CLWR, EBAY

Cavium, Inc. (NASDAQ:CAVM) is down 5.23% in after hours trading at $26.99. CAVM traded 589 thousand shares today and trades 1.1 million shares a day on average. CAVM is down in after hours after the company’s outlook for fourth quarter revenue fell short of expectations. The company has a market cap of 1.40 billion.

Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) is down 2.96% in after hours trading at $12.13. ARIA traded 4.1 million shares today, nearly a million more than its daily average. ARIA stock closed the day 6.47% higher. The company has a market cap of 1.66 billion. Short Sell Your Way to Profits

International Game Technology (NYSE:IGT) is down 4.72% in after hours trading at $16.55. IGT traded more than double its daily average with 6.1 million shares traded. IGT finished the day up nearly 5%. A lot of gaming companies saw gains today following a positive ruling on internet gambling from the Department of Justice. The company has a market cap of 5.17 billion.

Concord Medical Services Holdings Limited (NYSE:CCM) is down 8.52% in after hours trading at $2.79. CCM traded 115 thousand shares today, well above its daily average of 29 thousand shares. The company has a market cap of 144.73 million.

Clearwire Corporation (NASDAQ:CLWR) is down 2.97% in after hours trading at $1.96. CLWR traded 6.3 million shares today and trades 13 million shares a day on average. The company has a market cap of 504.40 million. Short Sell Your Way to Profits

eBay Inc. (NASDAQ:EBAY) is down 2.52% in after hours trading at $30.14. EBAY traded 3.4 million shares today and averages more than 10 million on any given day. The company has a market cap of 39.92 billion.

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