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Top NASDAQ Stocks Losers doday were MVIS, NTES, KLIC : by Penny Stock Pick alert

Microvision, NetEase and Kulicke and Soffa Industries today were Top NASDAQ Stocks Losers as reported by Penny Stock Pick alert.

 



(EMAILWIRE.COM, November 20, 2009 ) Dallas, TX - Microvision, Inc. (NASDAQ:MVIS) declined 20.44% to close at $3.27 after the company priced an overnight offering of 6.7 million common shares, at 3 dollars each. The company said net proceeds will be used for working capital, capital expenditures, and other general corporate purposes.


NetEase.com, Inc. (ADR) (NASDAQ:NTES) went down 8.58% to close at $37.20 after its third-quarter earnings climbed 26% on strong growth of “Fantasy Westward Journey” among other online games. The results fell short of Wall Street’s expectations. NetEase.com, Inc., operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet portal, and wireless value-added services businesses.


Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) decreased 12.45% to end the day at $4.64 even though the company reported fiscal fourth-quarter results that topped Street estimates. In a conference call, the tech company said it expects more moderate growth in the December quarter, with revenue rising to $115 million to $120 million. Analysts polled by Thomson Reuters most recently projected revenue of $117 million for the fiscal first quarter.


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.

Contact Information:
PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
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