Price/Volume Alert in Sequenom (SQNM)

Posted in pre-market 
August 7th, 2009

Sequenom, Inc. (NASDAQ: SQNM) is hard to imagine judging for its earnings after all of the problems we have seen earlier this year.  The company reported a wider loss than expected and it gave a loss projection of $65 million for all of 2009.  As of 9:03 AM EST we have seen some 466,000 shares trade hands and the last print was down by almost 14% at $5.24.  Average daily volume is 10 million shares now, but we’d expect to see that hit much earlier than normal. -JON OGG

Comments are closed

-->