6 NYSE Stocks Falling in Morning Trading: GBX, PNK, FST, NAV, WPX, YOKU

Traders at the NYSEGreenbrier Companies (NYSE:GBX) is down 8.25% today at $16.13. GBX has traded 326 thousand shares so far today and trades 610 thousand shares a day on average. GBX shares are down today after KeyBanc Capital Markets downgraded the stock to hold from buy. The company has a market cap of 438.17 million. Sign Up For Free Stock Alerts

Pinnacle Entertainment Inc. (NYSE:PNK) is down 6.24% today at $9.02. PNK has traded 445 thousand shares so far today and trades 588 thousand shares a day on average. PNK shares were downgraded to neutral from outperform at Credit Suisse. The company has a market cap of 564.05 million. [Read more...]

Market Continues Negative, Midday Movers: TEAR, GALE, WPX, PPO, YELP, LCC

Wall StreetStocks continue to trade in negative territory today as worst than expected economic data from Europe and China weights on investors. China cut its 2012 growth target to 7.5% as the country. Chinese Premiere Wen Jiabao said the country hopes to reach this new target by using prudent monetary policies to fight pressure to its growth and high inflation. Investors continue to worry about a Greek default. Last week, Moody’s downgraded Greece to the lowest bond rating.

In the U.S., economic news continues to be positive. The ISM index for February hit 57.3, beating economists’ expectations of 56.1. Positive news closer to home couldn’t overshadow negative news overseas though. Right now the Dow is down 45 points, the Nasdaq is off 28 points and the S&P 500 is down 8 points.

TearLab Corporation (NASDAQ:TEAR) is up 11.93% in midday trading at $1.97. TEAR is up on above average volume with 220 thousand shares traded. TEAR shares are bouncing back today after dipping from $2 to $1.70 over the past two weeks. On the year, TEAR is up about $0.90 from its low of $1.10. The company has a market cap of 40.42 million. [Read more...]

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