Massive Volume Spike: Omnicell (OMCL)

Posted in General 
January 21st, 2009

Omnicell Inc. (NASDAQ: OMCL) is getting absolutely crushed today.  Shares are down some 33% at $6.91 as of 9:37 AM EST.  We have also seen almost 700,0000 shares trade hands, double the 343,000 average daily volume.

The company significantly lowered its guidance and is reorganizing its operations to be more “sales oriented.”

It prior 52-week trading range was $7.77 to $30.30.

Jon C. Ogg
January 21, 2009

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