NASDAQ Stocks Falling Amid Market Rally: NEWL, AVID, SWSH, GPRC, MKTX, CIGX

A list of NASDAQ stocksNewLead Holdings Ltd. (NASDAQ:NEWL) is down 17.45% this morning at $3.69. NEWL has traded 524 thousand shares already today, 8 times its average volume. NewLead shares are selling off after the stock jumped 400% this week. The company has a market cap of 28.86 million.

Avid Technology, Inc. (NASDAQ:AVID) is down 14.20% today at $8.82. AVID has traded 711 thousand shares so far today, 3 times its daily average volume. Avid Technology shares are falling today after the posted a weak first quarter outlook. The company has a market cap of 342.76 million. [Read more...]

Hot Stocks to Watch: OPHC, NEWL, MFRM, PWAV, WFR, FFN, PCX

Wall Street signThe bulls are back in town. Nothing like an earnings beat to shake off the pessimism. At least for the moment. Alcoa earnings beat shows that the world may finally be entering into a sustainable recovery. It should be noted that the volume is light today, so the rally lacks real conviction. More is needed to show that the market really wants to push higher.

Across the pond, investor sentiment was lifted when it was reported that the ECB could resume its bond purchasing program. Yields on Spanish and Italian debt declined helping to boot the overall market.

The Dow is current up 93 points, the Nasdaq 31 and the S&P 12. [Read more...]

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