Overseas Shipholding Group Inc. (NYSE:OSG) is down 25.73% in late morning trading at $3.83. OSG has traded 3.6 million shares so far today, well above its daily average of 760 thousand shares. OSG shares are down nearly 40% over the past five days. The company has a market cap of 115.91 million.
Bankrate, Inc. (NYSE:RATE) is down 24.34% today at $10.97. RATE has traded 6.4 million shares so far today, well above its daily average of 520 thousand shares. RATE shares tumbled to a new 52 week low today after lowering guidance. Bankrate cut its revenue outlook for the full year and expects third quarter results to be short of estimates. The company has a market cap of 1.08 billion. [Read more...]