Stocks Getting Hammered as Market Trades Lower: CQB, AMRS, ES, MELI, SVNT, XOMA

Traders at the NYSEChiquita Brands International Inc. (NYSE:CQB) is down 29.68% today at $5.65. CQB has traded 1.4 million shares so far today, 5 times its daily average volume. Chiquita Brands was downgraded to hold from buy at Jefferies. This downgrade comes as the company’s profit missed on its latest earnings due to lower banana prices. The company has a market cap of 251.01 million.Sign Up For Free Alerts

Amyris, Inc. (NASDAQ:AMRS) is down 23.72% this morning at $1.93. AMRS has traded 373 thousand shares so far today and trades 529 thousand shares a day on average. AMRS shares are down today following the release of their first quarter results. Revenue for the first quarter was $29.5 million versus $37.2 million a year ago. The company has a market cap of 109.71 million. [Read more...]

After Hours Trading Report for May 8

Wall StreetApollo Global Management, LLC (NYSE:APO) is up 1.64% in after hours trading at $13.05. APO traded 621 thousand shares during regular trading hours as it finished up 5.33% at $12.85. Apollo Global Management announced first quarter results after market close today and beat expectations. The company saw earnings rise 23% in the first quarter. The company has a market cap of 1.62 billion.

Mitek Systems Inc. (NASDAQ:MITK) is up 4.17% this afternoon at $2.75. MITK traded 865 thousand shares during normal trading today as the stock closed down 0.38% at $2.64. MITK shares have dropped more than 50% over the past five days on poor earnings. [Read more...]

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