Midday Movers for June 11: KITD, SZYM, CBLI, END, ECTE, RIMM

Wall Street signKIT digital, Inc. (NASDAQ:KITD) is up 13.69% in midday trading at $3.57. KITD has traded 656 thousand shares and trades 1.6 million shares a day on average. KITD shares have rallied $0.80 a share over the past week. The company has a market cap of 169.23 million. Sign Up For Free Stock Alerts

Solazyme, Inc. (NASDAQ:SZYM) is up 11.07% today at $12.34. SZYM has traded 610 thousand shares so far today and trades 613 thousand shares a day on average. SZYM shares are up nearly $2 a share since last Tuesday. The company has a market cap of 742.61 million. [Read more...]

NASDAQ Stocks Struggling This Morning: SHFL, CBLI, LLNW, CEDC, ACHN, FAST

NASDAQ Screen at Times SquareShuffle Master Inc. (NASDAQ:SHFL) is down 14.04% this morning at $12.25. SHFL has traded 1.29 million shares so far today, more than double its daily average. SHFL shares are sinking today despite reporting second quarter results in-line with estimates. The stock did run up earlier this year from $12 to $18 before pulling back. The company has a market cap of 664.22 million.

Cleveland BioLabs, Inc. (NASDAQ:CBLI) is down 12.08% in early trading at $1.82. CBLI has traded 569 thousand shares so far today, well above its daily average of 247 thousand shares. CBLI shares are pulling back today after the stock ran from $1.40 to $2.20 yesterday. the company has a market cap of 64.61 million. [Read more...]

Hot Stocks to Watch: CBLI, GALE, VRNG, MVIS, CLSN, MTOX

Wall Street signStocks are trading slightly lower across the board today as investors continue to feel uncertain about the debt situation in Europe. The market suffered one of its worst days of the year on Friday as each of the major indexes fell more than 2%.

On the economic data front, factory orders fell again in April marking the fourth straight month of declines. Orders fell 0.6% while economists were expecting a rise of 0.2%.

European markets saw thin trading today as U.K. stock markets are closed today and tomorrow on an extended bank holiday for the Queen’s Diamond Jubilee.

China’s service sector continued to slow in May for the second straight month.

In mid-morning trading the Dow is down 21 points, the Nasdaq is down 1 point and the S&P 500 is down 3 points. [Read more...]

6 Nasdaq Stocks Dipping Alongside the Market: KERX, SNDK, CBLI, TSLA, SCEI, SMSI

A list of NASDAQ stocksKeryx Biopharmaceuticals Inc. (NASDAQ:KERX) is down 9.14% this morning at $1.3901. KERX has traded 4.4 million shares so far today, close to double its average volume. KERX shares continue to fall after a failed drug trial sent the stock down more than 50% on Monday. The company has a market cap of 98.72 million.

SanDisk Corp. (NASDAQ:SNDK) is down 9.47% today at $45.31. SNDK has traded 16 million shares in early trading, well above its daily average of 5.4 million shares. SNDK shares are slipping today after first quarter sales miss estimates on due to soft demand. The company has a market cap of 11.01 billion. [Read more...]

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