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...]