Sigma Designs Downgrade Weighs (SIGM)

Posted in pre-market 
November 11th, 2009

Sigma Designs, Inc. (NASDAQ: SIGM) is trading lower after Collins-Stewart cut the rating to SELL from Hold.  At 8:40 AM EST we have shares down 8.4% at $11.30 after a $12.34 close on Tuesday.  So far we have only seen 13,395 shares traded in the pre-market, and average daily volume is over 700,000 shares.  The 52-week trading range is $6.93 to $17.63.

-JON OGG

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