Biggest NASDAQ Stock Losers Today are CONN, DRAM, SQNM
Stock Losers
Dallas, TX 11/25/2009 04:00 PM GMT (TransWorldNews)
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CONN'S, Inc. (NASDAQ:CONN) plunges 13.41% to $5.49 after the company announced that it has reaffirmed its fourth quarter of 2010 guidance. The Company still expects to be solidly profitable during the period. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.37 for fourth quarter of 2010.
Dataram Corporation (NASDAQ:DRAM) plunges 14.29% to $4.62 after the company reported its financial results for its fiscal second quarter ended October 31, 2009. Revenues for the second quarter were $10.7 million, which compares to $7.1 million for the comparable prior year period. Revenues for the first six months of the current fiscal year were $19.9 million, which compares to $14.6 million for the comparable prior year period. The Company’s recently acquired Micro Memory Bank business unit generated approximately $3.6 million and $6.5 million in revenues, respectively, in the second quarter and first six months of the current fiscal year versus nil in the prior fiscal year.
Sequenom, Inc. (NASDAQ:SQNM) plunges 10.63% to $3.95. The stock hit an intraday high and an intraday low of $4.10 and $3.82 respectively. In the last six months the stock went up over 33%. Sequenom, Inc. is a diagnostic testing and genetics analysis company. The Company is focused on providing products, services, diagnostic testing, applications and genetic analysis products that translate the results of genomic science into solutions for biomedical research, translational research, molecular medicine applications, and agricultural, livestock and other areas of research. Its development and commercialization efforts in various diagnostic areas include non-invasive prenatal diagnostics, oncology, infectious diseases and other disorders.
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