Biggest NASDAQ Losers were MPEL, ERTS, DPTR : by Penny Stock Pick Alert
Top NASDAQ Losers were Melco Crown Entertainment Ltd, Electronic Arts and Delta Petroleum Corp. as reported by Penny Stock Pick Alert
(EMAILWIRE.COM, November 11, 2009 ) Dallas, TX- Melco Crown Entertainment Ltd (NASDAQ:MPEL) decreased 6.09% to close at $4.63. The stock hit an intraday high and an intraday low of $4.94 and $4.15 respectively. In the last six months the stock went down over 22%. Melco Crown Entertainment Limited formerly Melco PBL Entertainment Limited, is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market.
Electronic Arts Inc. (NASDAQ:ERTS) plunged 6.35% to end the day at $18.29 after the company reported a second quarter net loss of $1.21 per share, compared to the 97 cent loss reported in the year-ago quarter. The majority of the cost cutting moves are expected to be executed by March 31, 2010, saving the company an estimated $100 million annually. Adjusted second quarter earnings for EA were 6 cents per share, missing the analyst estimate of 1 cent. Company revenue was $1.15 billion, slightly ahead of the consensus of $1.12 billion. EA announced the acquisition of Playfish Limited, a leading social games company for approximately $275 million.
Delta Petroleum Corp. (NASDAQ:DPTR) went down 12.07% to $1.02. The stock hit an intraday high and an intraday low of $1.17 and $1.01 respectively. In the last six months the stock went down over 32%. Delta Petroleum Corporation is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil.
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Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
Electronic Arts Inc. (NASDAQ:ERTS) plunged 6.35% to end the day at $18.29 after the company reported a second quarter net loss of $1.21 per share, compared to the 97 cent loss reported in the year-ago quarter. The majority of the cost cutting moves are expected to be executed by March 31, 2010, saving the company an estimated $100 million annually. Adjusted second quarter earnings for EA were 6 cents per share, missing the analyst estimate of 1 cent. Company revenue was $1.15 billion, slightly ahead of the consensus of $1.12 billion. EA announced the acquisition of Playfish Limited, a leading social games company for approximately $275 million.
Delta Petroleum Corp. (NASDAQ:DPTR) went down 12.07% to $1.02. The stock hit an intraday high and an intraday low of $1.17 and $1.01 respectively. In the last six months the stock went down over 32%. Delta Petroleum Corporation is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil.
ABOUT http://www.PennyStockPickalert.com
Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
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Robert Wilson
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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