A Handful of NASDAQ Stocks Some Investors Are Fleeing Today

Ten stocks that trade on the NASDAQ (NASDAQ:NDAQ) exchange are showing unusually high volume in mid-day trading.  The volume in these stocks’ trading is at least 20% more than the average day’s trading, and just over half the trading day has elapsed.

  • NXP Semiconductors N.V. (NASDAQ:NXPI): The company’s share volume in mid-day trading is 9,803,467, which is 1,984% more than the average day’s trading volume.  NSXP Semiconductors NV operates as a global semiconductor company.  The company recently priced a secondary offering of 30 million shares, drastically increasing the available supply of its equity. The Company designs semiconductors and software for mobile communications, consumer electronics, security applications, in-car entertainment, and networking.  Kaslion’s offers its products to the automotive, identification, wireless infrastructure, lighting, mobile and computing applications.
  • Optimer Pharmaceuticals, Inc. (NASDAQ:OPTR): The company’s share volume in mid-day trading is 901,255, which is 461% more than the average day’s trading volume.  The stock is trading down today, despite analysts’ speculation that the company will receive a favorable FDA review for one of its new antibiotics.  Optimer Pharmaceuticals, Inc. discovers, develops, and commercializes anti-infective products.  Optimer’s initial development efforts address products that treat gastrointestinal infections (GI), and related diseases, including diminished efficacy, serious adverse side effects, drug-to-drug interactions, difficult patient compliance, and bacterial resistance.
  • MIPS Technologies, Inc. (NASDAQ:MIPS):  The company’s share volume in mid-day trading is 1,795,311, which is 83% more than the average day’s trading volume.  The shares are trading down today despite the company having recently announced the release of a new 64-bit processor architecture. MIPS Technologies, Inc. designs high-performance processors and related intellectual property for use in a variety of consumer devices and business equipment.  The Company’s processor designs are based on 32- and 64-bit reduced instruction set computing architectures.  MUPS licenses its processor designs and related intellectual property to semiconductor manufacturers.
  • Travelzoo, Inc (NASDAQ:TZOO): The company’s share volume in mid-day trading is 233,848, which is 54% more than the average day’s trading volume.  Its competitors Expedia Inc. (NASDAQ:EXPE) and Priceline.com Incorporated (NASDAQ:PCLN) have increased in the day’s trading.  Travelzoo, Inc. provides online marketing solutions to the travel industry.  Through the Company’s Web site, its newsletter, and by using its listing management software, travel companies can inform Internet users about their specials.  Travelzoo serves companies such as Alamo Rent-A-Car, Delta Airlines, Expedia, and Hilton Hotels.
  • Sanderson Farms, Inc. (NASDAQ:SAFM): The company’s share volume in mid-day trading is 268,194, which is 49% more than the average day’s trading volume.  Analysts expect the company to lose money this year.  In the last fiscal year, the company earned $6.07 per share, but rising costs are being blamed for forecasts that predict the company will lose $1.22 per share in this fiscal year.  Sanderson Farms, Inc. produces, processes, markets, and distributes fresh and frozen chicken products.  The Company also processes, markets, and distributes processed and prepared food items.  Sanderson farms sells its chicken, primarily under the Sanderson Farms brand name, to retailers, distributors, and fast food operators in the southeastern, southwestern, and western United States.
  • Intel Corporation (NASDAQ:INTC):   The company’s share volume in mid-day trading is 28,428,917, which is 46% more than the average day’s trading volume.  Its competitors Nvidia (NASDAQ:NVDA) and Marvell Technology (NASDAQ:MRVL) are also trading lower.  Intel Corporation designs, manufactures, and sells computer components and related products.  The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products. Intel is our #1 mover today in Stocks Yielding High Demand Trading Volume on Final Day of March>>
  • OpenTable, Inc. (NASDAQ:OPEN): The company’s share volume in mid-day trading is 592,186, which is 43% more than the average day’s trading volume.   Citigroup (NYSE:C) recently downgraded the shares, to “hold” from “buy” and maintained its price target of $108 per share.  OpenTable, Inc. provides free, real-time online restaurant reservations for diners through an online booking service.  The Company also offers reservation and guest management solutions for restaurants.  OpenTable allows users to search for tables based on desired criteria cuisine, price, and location. Is the price now too lofy? OpenTable Beats Analyst Estimates As Shares Rise>>
  • athenahealth, Inc. (NASDAQ:ATHN): The company’s share volume in mid-day trading is 189,727, which is 37% more than the average day’s trading volume.    athenahealth Inc. provides Internet-based business services for physician practices.  The Company’s services include a revenue cycle management service that automates and manages billing-related functions for physician practices and includes a practice management platform.
  • Spreadtrum Communications, Inc. (NASDAQ:SPRD): The company’s share volume in mid-day trading is 666,137 which is 36% more than the average day’s trading volume. Spreadtrum Communications, Inc. is a fabless semiconductor company that designs, develops, and markets baseband processor solutions for the wireless communications market.
  • Medidata Solutions, Inc. (NASDAQ:MDSO): The company’s share volume in mid-day trading is 86,670, which is 20% more than the average day’s trading volume.  Medidata Solutions, Inc. provides hosted clinical development solutions.  The Company’s solutions include a comprehensive platform that integrates electronic data capture, or EDC, with a clinical data management system, or CDMS, in a single solution that replaces traditional paper-based methods of capturing and managing clinical data.

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