Cell Therapeutics, Inc. (NASDAQ:CTIC) is down 23.04% in midday trading at $1.57. CTIC has traded 19.5 million shares so far today, well above its daily average of 1.3 million shares. CTIC shares are getting hit hard today after pricing public offering at $1.40 per share. CTIC shares have dropped more than $1 a share over the past four days. The company has a market cap of 67.20 million.
Zynga, Inc. (NASDAQ:ZNGA) is down 17.23% today at $2.3350. ZNGA has traded 91.8 million shares at midday, 5 times its normal trading volume. ZNGA shares are plummeting today after Zynga lowered its 2012 outlook. The company has a market cap of 1.76 billion. [Read more...]