4 Big Price Drops (MOLX, STM, VPRT, WSM)
Here are four stocks seeing sizable drops in this morning’s pre-market trading after earnings and guidance came in at very disappointing levels. Here are today’s big gap-down stocks (9:05 AM EST):
Molex Inc. (NASDAQ: MOLX) -10%
STMicroelectronics N.V. (NYSE: STM) -3.5%
VistaPrint (NASDAQ: VPRT) -16%
Williams-Sonoma (NYSE: WSM) -10% or so…
You can see the full synopsis on each at [...]
Chips Under Pressure Over Downgrades (MRVL, BRCM, IDTI)
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 [...]
Pre-Market Price/Volume Spike: Altus Pharmaceuticals (ALTU)
We are seeing a rather large price reaction to the downside and a subsequent volume spike as a result of news from Altus Pharmaceuticals Inc. (NASDAQ: ALTU). This stock is down sharply after mixed results in a cystic fibrosis Phase III trial in patients with pancreatic insufficiency. The study met some of the endpoints, but [...]
PRE-MARKET: 10% PRICE GAP DOWNS
As of 8:50 AM EST we are seeing many stocks that are gapping downn more than 10% in pre-market trading on generalyl active volume. Here we have yesterday’s close, the indicated trade levels and the volume as of 8:50 AM EST.
COMPANY NAME (TICKER) CLOSE 8:50AM %DROP VOLUME
Bare Escentuals, Inc. (NASDAQ: BARE) [...]
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