NYSE Stocks Faltering in Early Trading: GBX, GMXR, OMX, URI, WNR, STM

Floor of the New York Stock ExchangeGreenbrier Companies (NYSE:GBX) is down 6.72% in early trading at $17.23. GBX has traded 656 thousand shares so far today, above its average volume of 553 thousand shares. GBX shares are down today after the company warned future railcar deliveries could be impacted by delays in production of railcars. The company has a market cap of 458.96 million.

GMX Resources Inc. (NYSE:GMXR) is down 7.33% this morning at $1.39. GMXR has traded 524 thousand shares this morning and trades 2.03 million shares a day on average. GMXR shares have been trending lower the past few days after the jumped up about $0.40 last Wednesday. The company has a market cap of 85.01 million. [Read more...]

After Hours Report for March 27

Wall StreetStocks closed lower today, one day after a strong rally thanks to comments from Fed Chairman Ben Bernanke. When asked earlier today about the potential for another round of asset purchases, Bernanke told ABC News that the Fed keeps all options available and needs to prepare for how the U.S. economy evolves.

U.S. consumer confidence dipped in March, but was in line with estimates. Meanwhile, inflation expectations rose to the highest in 10 months.

All the major indices finished the day negative with the Dow down 43 points, the Nasdaq down 2 points and the S&P 500 down 4 points. [Read more...]

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