Lone Pine Resources Inc. (NYSE:LPR) is down 20.08% this morning at $3.94. LPR has traded 1.7 million shares so far today, 4 times its average volume. Lone Pine Resources announced first quarter results late yesterday. Lone Pine reported a net loss of $0.07 per diluted share compared to $0.02 per diluted share a year ago. The company has a market cap of 335 million.
Cellcom Israel Ltd. (NYSE:CEL) is down 15.31% today at $8.85. CEL has traded 1.1 million shares so far today, well above its daily average of 302 thousand shares. CEL shares continue to drop today after Cellcom Israel reported first quarter results. Cellcom Israel reported earnings fell 44%. The company has a market cap of 881.40 million. [Read more...]