Nasdaq Stocks Heading Lower This Morning: ZN, AVID, AMRS, FDML, SVNT, ALXN

Zion Oil & Gas, Inc. (NASDAQ:ZN) is down 13% this morning at $1.94. ZN has traded 308 thousand shares so far today, well above its daily average of 103 thousand shares. ZN shares are down today after Zion announced it reduced the exercise price of outstanding warrants. The company has a market cap of 56.75 million.

Avid Technology, Inc. (NASDAQ:AVID) is down 12.73% today at $7.13. AVID is trading above average volume in early trading with 210 thousand shares. AVID trades about 180 thousand shares a day on average. AVID shares are falling today after third quarter warning. The company has a market cap of 275.79 million. [Read more...]

NASDAQ Stocks Trading Against Today’s Rally: TITN, LULU, XNPT, REED, ZN, ATVI

NasdaqTitan Machinery, Inc. (NASDAQ:TITN) is down 18.22% this morning at $27.16. TITN has traded 1.02 million shares so far today, double its daily average volume. TITN shares are down today as the company misses first quarter EPS estimates by $0.01. Titan Machinery did beat on revenue and reaffirmed its fiscal year 2013 guidance. The company has a market cap of 585.30 million. Sign Up For Free Stock Alerts

Lululemon Athletica Inc. (NASDAQ:LULU) is down 9.05% today at $63.63. LULU has traded 10.03 million shares this morning, 5 times its daily average. LULU shares are down on the company’s disappointing outlook. The company has a market cap of 9.15 billion. [Read more...]

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