NASDAQ:CMED

Biggest Losers In Morning Trading: ECYT, IVN, CMED, LRN, ALIM, FST

Stocks are coming off their highs this morning with the S&P and Nasdaq about to turn negative. There is still a lot of uncertainty in the markets over the Europe situation, plus investors are waiting to hear the Fed’s assessment of the U.S. economy. The Dow is up 50 points right now, the Nasdaq is up 3 points and the S&P is up 4 points.

Here’s a handful of stocks that are deep in the red this morning.

Endocyte, Inc. (NASDAQ:ECYT) is down 62.39% this morning at $3.87. ECYT has traded 4.8 million shares so far today, way above its daily average of 160 thousand shares. ECYT stock fell this morning after the company the overall survival results for its drug were ‘inconclusive’. The company has a market cap of 136.88 million.

Ivanhoe Mines Ltd. (NYSE:IVN) is down 15.99% this morning at $17.39. IVN has traded nearly 5 million shares this morning, nearly twice its daily volume average. Ivanhoe is down today after they lost a legal battle with Rio Tinto. The company has a market cap of 12.82 billion.

China Medical Technologies Inc. (NASDAQ:CMED) is down 14.39% this morning at $2.80. CMED has traded 369 thousand shares so far this morning and trades 556 thousand shares a day on average. CMED is down this morning after the company announced it plans to implement debt restructuring. China Medical has a market cap of 74.19 million.

K12, Inc. (NYSE:LRN) is down 11.98% in early trading at $25.46. LRN has traded 924 thousand shares this morning, 3 times its daily average volume. LRN has been rallying most of the month from $24 a share to over $28 before falling today. K12 Inc. has a market cap of 892.04 million.

Alimera Sciences, Inc. (NASDAQ:ALIM) is down 12.29% this morning at $1.57 ALIM has traded 570 thousand shares this morning, 260 thousand more shares than it trades a day on average. ALIM stock is pulling back after rising nearly $0.50 over the past 2 trading days. The company has a market cap of 49.65 million.

Forest Oil Corp. (NYSE:FST) is down 10.63% in early trading at $14.36. FST has traded 4.2 million shares so far today and trades 5.2 million shares a day on average. Forest Oil announced it has budgeted $550 million to $600 million for capital projects next year. The company also announced it’s projecting annual organic growth of 5% to 6% for net sales volumes next year. The company has a market cap of 1.63 billion.

Biggest Losers In Early Trading: DMND, ROSE, PZZI, CMED, WFR

The stock market is taking a hit this morning as uncertainty on the euro debt crisis grows. The Dow, Nasdaq and the S&P are all down more than 1% this morning with the Nasdaq seeing the biggest percentage loss of 1.81%.

Here’s the biggest losers in early trading so far today.

Diamond Foods, Inc. (NASDAQ:DMND) is down 22.81% this morning at $31.31. DMND has traded 5.8 million shares this morning, well above its daily average 1.7 million shares. Diamond Foods is down today after the company announced it will delay filing its first-quarter results due to an ongoing investigation by its audit committee into the accounting for its walnut payments. The company has a market cap of 698.73 million.

Rosetta Resources, Inc. (NASDAQ:ROSE) is down 9.17% this morning at $45.92. ROSE has traded 833 thousand shares so far today and trades about 1 million shares a day on average. Rosetta is down today after disappointing well results. Rosetta Resources has a market cap of 2.39 billion.

Pizza Inn Holdings, Inc. (NASDAQ:PZZI) is down 8.11% this morning at $5.85. PZZI has traded 312 thousand shares today, more than double its daily average. PZZI has dropped more than $1 over the past 4 trading sessions. The company has a market cap of 47.26 million.

China Medical Technologies Inc. (NASDAQ:CMED) is down 6.40% at $2.78 so far today. CMED has traded 322 thousand shares this morning and trades 549 thousand shares a day on average. This is the third straight day CMED is in the red and has lost $0.50 over that span. China Medical has a market cap of 72.86 million.

MEMC Electronic Materials Inc. (NYSE:WFR) is down 9.05% at $4.02. WFR has traded 3 million shares so far today and trades 7.6 million shares a day on average. The company has a market cap of 926.47 million.

6 Rallying Stocks As Market Dips: TLB, MSO, AMR, FSLR, STP, CMED

The stock market is slipping today as investors hopes of a Europe deal are starting to dwindle. Investors have been hopeful for the past two weeks that a deal would get done, but earlier today a German official cast doubt on any agreement at the European summit later this week. The Dow is down 53 points right now, the Nasdaq is down 29 points and the S&P is down 9 points.

Here’s 6 stocks rallying today as the market heads down.

Talbots Inc. (NYSE:TLB) is up 56.41% this morning at $2.45. TLB has traded 3.9 million shares so far today, well above its daily average of 1.7 million shares. Talbots is up today after the company received a $205 million offer from Sycamore Partners. The offer would be for all outstanding shares of Talbots at a price of $3.00 per share. The company has a market cap of 169.31 million.

Martha Stewart Living Omnimedia Inc. (NYSE:MSO) is up 24.68% at $3.89. MSO has traded 1.8 million shares so far today, more than 10 times its daily average. MSO is up today as J.C. Penney buys a 16.6% stake in the company. MSO is up more than $1 a share over the past five trading sessions. The company has a market cap of 222.60 million.

AMR Corporation (NYSE:AMR) is up 28.89% at $0.9074 this morning. AMR is continuing its rally from yesterday and is up $0.50 a share in the past two days. Tom Horton, the new Chief Executive, is reorganizing his management team to better navigate the restructuring of the company. AMR is going to have a big volume day today and has traded 43.2 million shares already this morning. The stock usually trades 21.9 million shares a day on average. The company has a current market cap of 292.75 million.

First Solar, Inc. (NASDAQ:FSLR) is up 10.39% at $50.90 this morning. FSLR has traded 2.5 million shares so far this morning and trades 3.9 million shares a day on average. First Solar is up today following news that Warren Buffett’s MidAmerican Energy Holdings agreed to buy the company’s $2 billion Topaz Solar Farm Project in California. FSLR dropped the past two days as it fell from $49 to $47 before bouncing today. The company has a market cap of 4.42 billion.

Suntech Power Holdings Co. Ltd. (NYSE:STP) is up 6.92% at $2.79 this morning. STP has traded 1.6 million shares so far today and averages 4.4 million shares a day in volume. The company announced earlier this morning they were awarded the 2011 Gigaton prize for exemplary carbon emissions reduction. Suntech Power has a market cap of 512.77 million.

China Medical Technologies (NASDAQ:CMED) is up 12.45% this morning. CMED has traded 924 thousand shares so far today, more than double its daily average. CMED is bouncing back slightly today after the stock took a nose dive yesterday. Yesterday, CMED fell after Glaucus Research Group alleged the company had defrauded its investors. China Medical has a market cap of 76.04 million.

Biggest Losers In Midday Trading for Dec. 6: CMED, SPRD, PLX, MTL, GMXR, FIO

Heading into midday trading, stocks are heading lower with only the Dow in positive territory right now. Stocks are lower today as investors wonder if the European Union summit later this week can be decisive enough to fix the debt crisis in the long run. Also in the news, Standard & Poor has issued warning to the top 6 euro zone countries and the EFSF and put them on credit watch downgrade. The Dow is up about 30 points right now, the Nasdaq is down 10 points and the S&P is pretty much even on the day.

Here’s a look at the biggest stock losers in midday trading.

China Medical Technologies Inc. (NASDAQ:CMED) is down 20.41% today at $2.69. CMED is down amid fraud allegations. CMED has traded 3.6 million shares so far today, 10 times its daily average volume. Reserach firm Glaucus Research Group alleges that China Medical’s CEO “orchestrated an acquisition to embezzle roughly $20-$23 million from the public company.” The company has a market cap of 72.86 million.

Spreadtrum Communications Inc. (NASDAQ:SPRD) is down 11.89% at $21.26 in midday trading. SPRD has traded 2.7 million shares so far today, well above its daily average of 1.3 million shares. SPRD has fallen the past two trading sessions and has lost more than $5 a share. Spreadtrum Communications has a market cap of 964.58 million.

Protalix BioTherapeutics, Inc.(AMEX:PLX) is down 13.41% at $5.36 in midday trading. PLX has traded 858 thousand shares so far today, 8 times its daily average volume. The FDA extended the PDUFA goal date for approving its new drug application for taliglucerase alfa, which treats Gaucher disease. Protalix has a market cap of 457.23 million.

Mechel OAO (NYSE:MTL) is down 13.29% at $10.18 today. MTL has traded 4.3 million shares so far today, well above its daily average volume of 3.5 million shares. Mechel is down today after the company reports suspension of work at several facilities at two Southern Kuzbass Mines. The company has a market cap of 4.27 billion.

GMX Resources Inc. (NYSE:GMXR) is down 8.92% at $1.43 in midday trading. GMXR has traded 643 thousand shares so far today and trades 1.5 million shares a day on average. The company has a market cap of 81.33 million.

Fusion-io Inc. (NYSE:FIO) is down 8.12% at $29.53 in midday trading. FIO has traded 3.6 million shares so far today, more than double its daily average volume. FIO is down today after the post IPO lock-up expired on 8.7 million shares. The company has a market cap of 2.47 billion.

Morning Nasdaq Gainers: MENT, ARUN, FMCN, CMED, SIRI

While the Nasdaq is trading sligthly down today, here’s five Nasdaq stocks bucking the downward trend.

Mentor Graphics Corp. (NASDAQ:MENT) is up 7.45% at $12.66 today. MENT announced third quarter results this morning that beat their own forecast. The company remains on track to reach $1 billion in annual sales. Mentor Graphics posted EPS of $0.22 compared to $0.14 a year ago. MENT has traded 1.6 million shares so far today, already above its daily average of 1.1 million shares. The company has a current market cap of 1.35 billion.

Aruba Networks, Inc. (NASDAQ:ARUN) is up 4.18% at $22.70 today. ARUN has traded 3.5 million shares so far today and will have no problem getting past its daily average of 3.8 million shares. ARUN gaped up to $24.24 this morning and has now fallen off that high. The company has a current market cap of 2.41 billion.

Focus Media Holding Ltd. (NASDAQ:FMCN) is up 5.14% at $26.58 today. Focus Media announced third quarter results earlier this morning. The company posted revenue of $210.7 million, well ahead of Wall Street estimates of $186.6 million. FMCN has traded 8 million shares so far today, more than double its daily average. The company has a current market cap of 3.60 billion.

China Medical Technologies Inc. (NASDAQ:CMED) is up 12.99% at $4.35 today. CMED announced second quarter results earlier this morning with net revenue of $37.4 million, an increase of 18.1% from last year. CMED has traded 954 thousand shares so far today, well above its daily average of 256 thousand shares. The company has a current market cap of 115.59 million.

Sirius XM Radio Inc. (NASDAQ:SIRI) is up 3.74% today at $1.8050. SIRI was upgraded this morning by a Lazard Capital analyst as a buy with a price target of $2.25. SIRI has traded 50 million shares so far today and trades 74 million shares daily. The company has a current market cap of 6.75 billion.

Real Time Web Analytics