Crox Panic Exploding (CROX)
CROCS Inc. (NASDAQ: CROX) is getting hammered this morning. The stock gapped down marginally, but it has gone from bad to worse. Oddly enough, there is no official news. Shares are down 21% at $2.67 today with 2.5 million shares having traded hands as of 11:17 AM EST. Average volume is over 3.4 million shares, [...]
Solar Stocks Killed By SunPower (SPWRA, FSLR, CSIQ, STP, LDK)
SunPower Corporation (NASDAQ: SPWRA) is being hammered hard this morning after teh solar stock lowered its guidance. The company said that the rise in the US Dollar is hurting earnings. Outside of currencies, it maintained guidance.
It sees Q4 revenues between $388 and $418 million and net income of at $0.58 to $0.65 on an adjusted [...]
Price Tankers: Ambac & MBIA (ABK, MBI)
Ambac Financial Group, Inc. (NYSE: ABK) is being butchered this morning. The bond insurer posted a monster loss of some $2.43 billion after items in the Q3 period. This is trading down 25% at $2.54 on almost 14 million shares after only 14 minutes since the stock market opened. This stock trades an average of [...]
Price/Volume Surge: Radian (RDN)
Radian Group Inc. (NYSE: RDN) is surging after the company posted a strong earnings report. This is up the most on the NYSE out of the stocks that are actively traded with shares up almost 30% at $4.50 on almost 1,100,000 shares as of 9:40 AM EST.
This trades an average of 4.3 million shares. The [...]
Price/Volume Alert: USEC on Guidance & Election (USU)
USEC Inc. (NYSE: USU) is gapping lower this morning. The company announced yesterday that an unexpected decline in sales at its separated work unit was going to cause it to miss annual projections previously offered. It now sees net income at 425 to 440 million rather than prior projections of $25 to $45 million. It [...]
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