6 Nasdaq Stocks Tanking at Midday: OCZ, GLUU, AMRN, BSDM, SKYW, THLD

OCZ Technology Group, Inc. (NASDAQ:OCZ) is down 40.37% today at $1.88. OCZ is down on heavy volume with over 18.6 million shares traded, 4 times its daily average. OCZ shares are getting pummelled today after delaying its earnings. OCZ Technology said it expects revenue to fall short of estimates and expects to post a “significant net loss.” The company has a market cap of 130.57 million.

Glu Mobile, Inc. (NASDAQ:GLUU) is down 13.98% today at $2.83. GLUU has traded 9.6 million shares so far today, nearly 5 times its normal trading volume. Glu Mobile reiterated their third quarter view yesterday and said it will lose at least $3 million in the third quarter. The company has a market cap of 181.78 million. [Read more...]

Hot Stocks to Watch: DF, ENOC, SKYW, CLNT, GPOR, CSC

Wall StreetStocks are trading higher in late morning trading after opening the day down. Investors continue to bet that the central banks across the world will take steps to bolster the economy. Everyone is still watching Europe closely and waiting for the ECB to act. Fitch affirmed its AAA rating on Germany this week and gave it a stable outlook.

Stocks are green across the board now with the Dow up 24 points, the Nasdaq up about a point and the S&P 500 up 2 points. [Read more...]

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