Feihe International, Inc. (NYSE:ADY) is down 18.65% this morning at $7.11. ADY has traded 737 thousand shares so far today, well above its daily average of 300 thousand shares. Feihe shares are selling off some today after shooting up to over $9 a share yesterday. The company has a market cap of 142.59 million.
Alere Inc. (NYSE:ALR) is down 14.57% today at $19.08. ALR has traded 2.3 million shares so far today, well above its daily average of 681 thousand shares. ALR shares are tumbling on news that the FDA is investigating the company’s San Diego facility responsible for manufacturing triage products. The company has a market cap of 1.50 billion. [Read more...]