Telik, Inc. (NASDAQ:TELK) was the biggest loser yesterday, retreating from above 100% gain on Friday, after seekingalpha published an article the company will need to seek capital using an equity financing or partnership with an aim meet its current cash requirements beyond the first quarter of 2013.
Nam Tai Electronics, Inc. (NYSE:NTE) tumbled 13.51% which was maybe linked to Apple Inc. (NASDAQ:AAPL)’s decline in orders declared earlier in the day. Same news led Cirrus Logic, Inc. (NASDAQ:CRUS) to drop 9.37%.[article_detail_ad_1]
Globalstar, Inc. (PINK:GSAT) and Alpha Pro Tech, Ltd. (NYSEAMEX:APT) turned red to end the day facing a fall of over 11% while Generex Biotechnology Corporation (OTC:GNBT) and Uranium Resources, Inc. (NASDAQ:URRE) both lost 9.8%.
Oclaro, Inc. (NASDAQ:OCLR) was again down. The stock in the last three months has hit a new 1-year low fourteen times, signaling a noteworthy downtrend.
GT Advanced Technologies Inc (NASDAQ:GTAT) plunged after the producer of equipment for solar products makers predicted no gains from China solar power target.
SunPower Corporation (NASDAQ:SPWR) was unable to trade above the trend line on an announcement of more-than-projected shake-up costs and a rating cut by Credit Agricole Securities.
MEMC Electronic Materials, Inc. (NYSE:WFR) was down after the St. Peters, Mo.,- based company was assigned a patent (8,347,740) developed by Harold Korb, Chesterfield, Mo., to be used for systems for weighing a pulled object having a changing weight.
hhgregg, Inc. (NYSE:HGG) fell on weak Q3 guidance after lower holiday TV sales.
FuelCell Energy, Inc. (NASDAQ:FCEL) snapped eight-day winning streak on Monday to end the day 5.60% down.
Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) and LDK Solar Co., Ltd (ADR) (NYSE:LDK) both decreased more than 5% on investor worries that pledges by Chinese government to increase solar installations in 2013 won’t be enough to keep solar companies out of the red.
ServiceNow Inc (NYSE:NOW) trimmed gains it made after the company ranked the top job creator in a listing from Inc. Magazine, ending three-day gaining string to face a fall of 5.06%.
Some other noteworthy decliners were Bill Barrett Corporation (NYSE:BBG), Pacific Ethanol Inc (NASDAQ:PEIX), Flagstar Bancorp Inc (NYSE:FBC), AK Steel Holding Corporation (NYSE:AKS), Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR), Leap Wireless International, Inc.
(NASDAQ:LEAP), Qihoo 360 Technology Co Ltd (NYSE:QIHU) and all of these fell in a range of 4-5%.
Most active stocks including Alpha Natural Resources, Inc. (NYSE:ANR), Francesca’s Holdings Corp (NASDAQ:FRAN), SandRidge Energy Inc. (NYSE:SD), H&R Block, Inc. (NYSE:HRB) and Chimera Investment Corporation (NYSE:CIM) dropped between 2-4%.