6 Nasdaq Stocks Trending Lower: ATPG, QLGC, HZNP, FB, APKT, SBUX

Floor of the New York Stock ExchangeATP Oil & Gas Corp. (NASDAQ:ATPG) is down 29.23% today at $1.3899. ATPG has traded 2.7 million shares so far today, 300 thousand shares more than its daily average. ATPG shares are down more than $1 a share over the past five days. The company has a market cap of 71.88 million.

QLogic Corp. (NASDAQ:QLGC) is down 20.23% today at $10.06. QLGC has traded 4.02 million shares so far today, well above its average volume of 1.7 million shares. QLGC shares are sinking today after missing on its first quarter results. The stock was also downgraded by Stifel Nicolaus from buy to hold. The company has a market cap of 973.52 million. [Read more...]

Active Stocks in Premarket Trading: S, ZNGA, FB, WDC, ABX, PSTI

Wall StreetSprint Nextel Corp. (NYSE:S) is up 14.84% this morning at $3.87. S has traded 3.9 million shares in pre market trading and trades 50.3 million shares a day on average. S shares are rallying in pre market as second quarter sales beat estimates. Sprint reported a wider loss for the second quarter of $1.37 billion, or $0.46 a share. Analysts were expecting a loss of $0.41 a share. The company has a market cap of 10.11 billion.

Zynga, Inc. (NASDAQ:ZNGA) is down 40% in pre market trading at $3.05. ZNGA has traded 1.2 million shares this morning and trades 23.9 million shares a day on average. ZNGA shares are tanking after the company reported bad earnings and severely cut its outlook. Zynga reported adjusted earnings of just a $0.01 per share, below expectations of $0.05 per share. The company has a market cap of 3.74 billion. [Read more...]

Stock Futures Slightly Red As Euro Concerns Mount, Stocks to Watch: SIRI, STO, NOK, ARNA, BAC, FB

investment newsAnother day, more Euro concerns. A meeting of the EU finance ministers is ongoing and investors are waiting to see what kind of kick the can measures Europe can possibly come up with now. Their summit from last week last week did little calm the rolling markets.

Currently Dow futures are down 36, the Nasdq 6 and the S&P 4 points.

Domestically, investors are still digesting the NFP report from Friday which showed a continued anemic job market. Earning season is also set to kick off with Alcoa coming up early this week. Sign Up For Free Stock Alerts

In commodities oil and gold are both positive in early trading. Oil prices have been whipsawing in the mid $80s as economic conditions and tensions in the middle east battle for supremacy. Nymex futures are currently up 52 cents to nearly $85 per barrel. Gold is up $7.60 to $1,586.40 per ounce. [Read more...]

Stock Futures Higher on Global Easing. Stocks to Watch: SIRI, FB, BIDU, ZNGA, AMZN, CHK

Wall Street signAll eyes will be on Fed chairman Ben Bernanke after China joined the global easing party overnight by cutting lending and deposit rates by 25 bps. Investors are obviously counting on some sort of easing as futures are extending the gains of yesterday’s bull market. Dow futures are up 66 points, Nasdaq futures are adding 16 and the S&P 10 points.

Bernanke is scheduled to testify before a congressional panel at 10am EST. Investors are hoping that he drops further hints about QE3. Analysts say that if he does the risk rally of the past two days will continue.

In Europe, a Spanish debt auction went off without a hitch though borrowing costs continued to rise. Strong demand saw the auction exceed its sale target of one to two billion euros. Sign Up For Free Stock Alerts

On the economic data front, jobless claims are slated for release at 8:30am EST. The employment picture has become bleaker as of late with an uptick in unemployment. It will definitely be an index to continue to watch for those hoping for a return of QE. [Read more...]

6 NASDAQ Stocks Dipping Today: ACHC, CYTR, KITD, AMRS, FB, GRPN

NASDAQ Screen at Times SquareAcadia Healthcare Company, Inc. (NASDAQ:ACHC) is down 10.38% this morning at $16.05. ACHC has traded 408 thousand shares so far today, 3 times its average volume. ACHC shares were trading as low as $15.72 in the first half of trading, but has bounced back a bit. The company has a market cap of 523.19 million.

CytRx Corporation (NASDAQ:CYTR) is down 8.81% today at $3.54. CYTR has traded 397 thousand shares so far today, well above its daily average volume of 215 thousand shares. CYTR shares are down today after the company reported data from a clinical trial for INNO-206. The company will hold a conference call today to discuss the results. The company has a market cap of 75.06 million. [Read more...]

NASDAQ Stocks Deep in the Red Today: CRDS, FFN, FB, GSVC, GALE, FONR

Nasdaq StocksCrossroads Systems, Inc. (NASDAQ:CRDS) is down 19.37% today at $3.990. CRDS has tarded 207 thousand shares this morning, way above its daily average of 21 thousand shares. No news is accompanying CRDS’s drop today. The company has a market cap of 42.55 million.

FriendFinder Networks Inc. (NASDAQ:FFN) is down 16.01% this morning at $1.2010. FFN has traded 1.3 million shares so far today, well above its daily average of 829 thousand shares. FFN shares are down over $0.80 since Friday as Facebook’s poor showing has affected the entire social media sector. The company has a market cap of 38.06 million. Sign Up For Free Alerts [Read more...]

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