Midday Decliners

Midday decliners

Digital Ally Inc. DGLY -12% - It appears profit takers continue to trend the stock lower following a massive rise in share price beginning in mid August. Shares of DGLY are up ~160 percent YTD.

Achillion Pharmaceuticals Inc. ACHN - 11% - negative momentum appears to be continuing into Monday’s trade. Overbought technicals in the name may be the driving factor behind the move.

Tesla Motors inc. TSLA -9% - On Monday, Morgan Stanley analysts agreed with Tesla CEO Elon Musk comments that “the company's shares appear to be overvalued.”

JetBlue Airways Corporation JBLU - 7% - On monday BofA downgraded shares of JBLU to Underperform with a $10.50 price target.

LinkedIn Corp LNKD -6% - Shares of LinkedIn seems to be trending lower along with other momentum names.