6 NASDAQ Stocks Heading South Today: OREX, COSI, XRTX, FFN, TSTC, MAPP

A list of NASDAQ stocksOrexigen Therapeutics, Inc. (NASDAQ:OREX) is down 8.59% this morning at $4.15. OREX has traded 2.3 million shares so far today, well above its daily average of 1.6 million shares. An FDA spokesman said companies working on weight-loss treatments are unlikely to be affected by an advisory panel’s recommendation for heart risk studies. The company has a market cap of 272.32 million.

Cosi Inc. (NASDAQ:COSI) is down 6.97% today at $1.0699. COSI has traded 288 thousand shares already this morning, already above its daily average of 276 thousand shares. COSI shares are down $0.20 a share in the past three days. The company has a market cap of 54.22 million. [Read more...]

After Hours Report for March 29

NASDAQ Screen at Times SquareVolatility ruled the day as the major indices whipsawed between negative and positive territory. The Dow managed to erase a substantial loss and close with a minimal gain. The Nasdaq and S&P erased sizable losses to close slightly lower on the day. Uncertainty is starting to creep back into the market as economic growth in China and especially the euro zone again has investors on edge.

Even with recent down days in the market, stocks are pushing to have their best quarterly gain since 1998. Many analysts are waiting for a pull-back since the market has been on a steady upward trajectory. They think a correction is inevitable at this point, even without a downturn in the macro data. [Read more...]

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