Pendrell Corporation (NASDAQ:PCO) is down 47% in early trading at $1.15. PCO has traded 8.9 million shares already today, 20 times its daily average. PCO shares are tumbling after a court overthrows the company’s win over Boeing. The company has a market cap of 288.99 million.
Halozyme Therapeutics, Inc. (NASDAQ:HALO) is down 25.02% this morning at $8.45. HALO has traded 5.6 million shares so far today, 5 times its average volume. HALO shares are falling after the FDA demands more data before making a decision. The company has a market cap of 879.91 million. [Read more...]