Nasdaq Stocks Falling Despite Rally: OCZ, MKTX, TNGO, WCRX, SIGM, SVNT

NASDAQ Screen at Times SquareOCZ Technology Group, Inc. (NASDAQ:OCZ) is down 20.43% today at $4.26. OCZ is down on big volume today with over 16.6 million shares traded, more than 5 times its normal volume. OCZ shares are down today after the company cut its revenue forecast. The company has a market cap of 288.87 million.

MarketAxess Holdings Inc. (NASDAQ:MKTX) is down 11.31% today at $30.16. MKTX has traded 592 thousand shares in midday trading, more than double its daily volume. MarketAxess was downgraded to hold from buy at Stifel Nicolaus. The company has a market cap of 1.12 billion. [Read more...]

After Hours Trading Report for April 17

Investors at the NYSEA sense of calm over Europe helped tech stocks power the broader market to a massive rally. The Dow logged its best day in a month with IBM pushing higher ahead of earnings – the stock is dropping in after-hours as its earnings released.

Earnings season is in full swing with Yahoo shares jumping in after-hours after the company swung to a 1st quarter profit.

Gold prices also ended the day higher, breaking a two session losing streak. The metal is matching the moves of the broader market, but in a more muted fashion. It seems gold lacks direction as it weighs news out of Europe but realizes that the concern over their debt situation is far from resolved. [Read more...]

7 NASDAQ Stocks Stumbling This Morning: DNDN, SIGM, ZLTQ, FSYS, SMTC, DSCO, GMCR

NasdaqStocks are trading higher this morning thanks to optimism that Greece will complete its debt swap deal. Investors seemed to ignore the slightly negative jobless data today as weekly claims jumped 8,000 last week to 362,000. Economists were expecting claims to remain at 351,000. The major stock indices have given up some of their early gains, but remain positive right now. The Dow is up 40 points, the Nasdaq is up 17 points and the S&P 500 is up 7 points.

Dendreon Corporation (NASDAQ:DNDN) is down 14.90% this morning at $9.25. DNDN has traded 13.1 million shares so far today, 3 million shares more than its daily average. DNDN shares are taking a hit today after its rival Johnson & Johnson’s prostate drug beats placebo in trial. The company has a market cap of 1.35 billion. [Read more...]

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