Clearwire Corporation (NASDAQ:CLWR) is down 11.52% this morning at $2.38. CLWR has traded 34.9 million shares so far today, well above its daily average of 16.6 million shares. CLWR shares are tumbling today on news that Sprint does not plan to buy Clearwire. The company has a market cap of 1.27 billion.
Isis Pharmaceuticals, Inc. (NASDAQ:ISIS) is down 12.70% today at $11.48. ISIS has traded 5.9 million shares this morning, more than 4 times its daily average. ISIS shares are down today after regulators raised concerns about abnormal growths linked to the company’s drug, Kynamro. The company has a market cap of 1.18 billion. [Read more...]