(EMAILWIRE.COM, September 24, 2010 ) New York, NY-Rite Aid Corporation (NYSE:RAD) plunged 13.64% to $0.950 on over 13.72 million shares. The company on Thursday posted a wider fiscal second-quarter loss, hurt by lower sales due to the sluggish economy. Net loss widened to $199.3 million, or 23 cents a share, from $120.4 million, or 14 cents a share, in the year-earlier quarter.
Analysts, on average, expected the company to post a loss of 16 cents per share on revenue of $6.21 billion.


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Novell, Inc. (NASDAQ:NOVL) dropped 6.61% to $6.08 after 9.11 million shares of trade after news that the company's auction process was facing setbacks.
Reuters reported on Wednesday that Novell was having trouble selling its NetWare and identity management products, with private equity firms unwilling to pay the company's asking price. Buyers are more interested in Novell's Linux business than some of its other assets, another source said.
Pacific Ethanol Inc (NASDAQ:PEIX) added 7.92% to $1.09 on over 6.39 million shares of trade. Pacific Ethanol, Inc. is a marketer and producer of low carbon renewable fuels in the Western United States.
Over the past 52-weeks, the stock traded within the range of $0.35-$2.75.
Pacific Ethanol, Inc. is a marketer and producer of low carbon renewable fuels in the Western United States. It produces and sells ethanol and its co-products, including wet distillers grain and provides transportation, storage and delivery of ethanol through third-party service providers in the Western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho and Washington.
Copart, Inc. (NASDAQ:CPRT) slumped 10.73% to $32.19 on over 3.24 million shares. Earlier this company, the company reported the results for its fourth quarter and fiscal year ended July 31, 2010. For the three months ended July 31, 2010, revenue, operating income and income from continuing operations were $190.5 million, $57.2 million and $36.2 million, respectively.
Fully diluted earnings per share from continuing operations for the three months were $0.43 compared to $0.41 last year, an increase of 4.9%.

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