Nasdaq Stocks Heading Lower This Morning: ZN, AVID, AMRS, FDML, SVNT, ALXN

Zion Oil & Gas, Inc. (NASDAQ:ZN) is down 13% this morning at $1.94. ZN has traded 308 thousand shares so far today, well above its daily average of 103 thousand shares. ZN shares are down today after Zion announced it reduced the exercise price of outstanding warrants. The company has a market cap of 56.75 million.

Avid Technology, Inc. (NASDAQ:AVID) is down 12.73% today at $7.13. AVID is trading above average volume in early trading with 210 thousand shares. AVID trades about 180 thousand shares a day on average. AVID shares are falling today after third quarter warning. The company has a market cap of 275.79 million. [Read more...]

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