Thursday`s Most Active Losers (AIG, GE, MW, DRWI, SIRI, NOK, ISSI, WAVX, MITI)
Most Active Stock Losers.
(EMAILWIRE.COM, March 12, 2010 ) Dallas, Tx - American International Group, Inc. (NYSE:AIG) lost 3.12% to $35.11 on 46.58 million shares. The stock price is up over 41% in the last 5 trading sessions since MetLife, Inc. on Monday, 8 Mar 2010 announced a definitive agreement to acquire one of American International Group, Inc.`s (AIG) international subsidiaries, American Life Insurance Company (ALICO), for approximately $15.5 billion.
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General Electric Company (NYSE:GE) dropped 0.18% to $16.48 on 64.91 million shares. GE's GE Capital, Corporate Finance announced that it served as sole lender for a $70 million cash flow loan to Dearborn, Mich.-based EP Management Corporation, a diversified holding company of industrial and automotive product manufacturers. The loan will be used to refinance debt and recapitalize the company.
The Men's Wearhouse, Inc. (NYSE:MW) falls 5.16% to $23.55 on 2.84 million shares after the men's clothing retailer reported worse than expected fourth-quarter sales. The company swung to a fourth-quarter loss of 36 cents a share from a profit of 3 cents in the year-earlier quarter. Excluding a charge, the latest quarter's loss was 11 cents. Sales fell to $457.2 million from $476.4 million.
DragonWave, Inc.(USA) (NASDAQ:DRWI) lost 7.94% to $9.39 on 2.12 million shares.
Sirius XM Radio Inc. (NASDAQ:SIRI) declined 1.96% to $0.913 on 74.42 million shares. The stock is down over 10% in the last 5 trading sessions.
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Nokia Corporation (ADR) (NYSE:NOK) lost 0.48% to $14.49 on 21.44 million shares.
Integrated Silicon Solution, Inc. (NASDAQ:ISSI) declined 7.57% to $7.81 on 1.03 million shares.
Wave Systems Corp. (NASDAQ:WAVX) decreased 9.51% to $3.90 on 1.93 million shares after the company today reported improved results for the fourth quarter (Q4) and year ended December 31, 2009, and reviewed recent corporate progress. Wave reported a reduced Q4 2009 net loss attributable to common stockholders of $1.0 million, or $0.01 per basic and diluted share, compared with a Q4 2008 net loss attributable to common stockholders of $4.0 million, or $0.07 per basic and diluted share.
Micromet Inc. (NASDAQ:MITI) dropped 6.10% to $7.54 on 1.30 million shares after the company announced that it has priced an underwritten public offering of 10 million shares of common stock at a public offering price of $7.00 per share. The Company has granted the underwriters a 30-day option to purchase an additional 1.5 million shares of common stock from the Company.
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General Electric Company (NYSE:GE) dropped 0.18% to $16.48 on 64.91 million shares. GE's GE Capital, Corporate Finance announced that it served as sole lender for a $70 million cash flow loan to Dearborn, Mich.-based EP Management Corporation, a diversified holding company of industrial and automotive product manufacturers. The loan will be used to refinance debt and recapitalize the company.
The Men's Wearhouse, Inc. (NYSE:MW) falls 5.16% to $23.55 on 2.84 million shares after the men's clothing retailer reported worse than expected fourth-quarter sales. The company swung to a fourth-quarter loss of 36 cents a share from a profit of 3 cents in the year-earlier quarter. Excluding a charge, the latest quarter's loss was 11 cents. Sales fell to $457.2 million from $476.4 million.
DragonWave, Inc.(USA) (NASDAQ:DRWI) lost 7.94% to $9.39 on 2.12 million shares.
Sirius XM Radio Inc. (NASDAQ:SIRI) declined 1.96% to $0.913 on 74.42 million shares. The stock is down over 10% in the last 5 trading sessions.
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Nokia Corporation (ADR) (NYSE:NOK) lost 0.48% to $14.49 on 21.44 million shares.
Integrated Silicon Solution, Inc. (NASDAQ:ISSI) declined 7.57% to $7.81 on 1.03 million shares.
Wave Systems Corp. (NASDAQ:WAVX) decreased 9.51% to $3.90 on 1.93 million shares after the company today reported improved results for the fourth quarter (Q4) and year ended December 31, 2009, and reviewed recent corporate progress. Wave reported a reduced Q4 2009 net loss attributable to common stockholders of $1.0 million, or $0.01 per basic and diluted share, compared with a Q4 2008 net loss attributable to common stockholders of $4.0 million, or $0.07 per basic and diluted share.
Micromet Inc. (NASDAQ:MITI) dropped 6.10% to $7.54 on 1.30 million shares after the company announced that it has priced an underwritten public offering of 10 million shares of common stock at a public offering price of $7.00 per share. The Company has granted the underwriters a 30-day option to purchase an additional 1.5 million shares of common stock from the Company.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock newsletters on various stocks of the day. These alerts help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily stock alerts. We provide alerts on hot stocks, midcap & smallcap penny stocks, most active stocks and much more. You can become leader in stock market by keeping track of the daily activity.
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