Volume Spike Investor

Below are some analyst calls affecting shares to the downside this morning (9:01 AM EST):
Kelly Services (KELYA) Cut to Sell at Citigroup; shares indicated down 3%, no volume.  Same call on Robert half (RHI) with no volume but indicated down 3% or more.
KLA-Tencor (KLAC) Cut to Equalweight at Morgan Stanley; shares down 1.8% at $34.30 [...]

We are seeing some select chip stock downgrades affecting shares negatively this morning.  We have shown the downgrades attached and the pre-market reactions seen so far this morning.

Marvell Technology (MRVL) was cut to Hold from Buy at Jefferies; shares down over 4% at $14.90 on more than 300,000 shares.
Broadcom (BRCM) was cut to Perform from [...]

Level 3 Communications Inc. (NASDAQ: LVLT) is rather active in pre-market trading.  The company’s stock was cut to “Underperform” at Oppenheimer this morning along with a couple other communications carriers.  As of 8:55 this has traded over 150,00 shares and the stock is down nearly 5% at $3.23.  What is surprising more than the drop [...]