Price/Volume Alert in Sequenom (SQNM)
Posted in pre-marketAugust 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
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