Benzinga’s Top Pre- Market Losers (CIEN, NLST, XOM, TRA, SCHW, CAGC, DYAX)
December 14, 2009 10:24 AM
Ciena Corporation (NASDAQ: CIEN) has decreased $0.29 or 2.52% to $11.21 after Standard & Poor reported late last week that Visa Inc. will replace Ciena Corp in the index. The 52-week trading range for CIEN is $4.98 - $16.64. In the previous trading session, Ciena closed at $11.50.
Netlist, Inc. (NASDAQ: NLST) fell by 3.49% to $5.25 in the pre-market session. The 52-week trading range for NLST is $0.11 - $7.98. In the last trading session, NLST closed at $5.44.
Exxon Mobil Corporation (NYSE: XOM) has plunged 2.10% to $71.30. Today, Exxon Mobil Corporation reported that it would buy XTO Energy in an all-stock deal valued at $41 billion. The deal is subject to XTO stockholder approval and regulatory clearance.
Terra Industries Inc. (NYSE: TRA) has plummeted 19% to $34.75 in the pre-market session. Today Terra Industries reported that its board has rejected the last acquisition proposal from CF Industries Holdings, citing that CF Industries continues to undervalue Terra Industries. So far this year, TRA is up 157%. TRA made a new 52 week high at $43.13 in the previous trading session.
The Charles Schwab Corporation (NASDAQ: SCHW) has decreased $0.60 or 3.26% to $17.83 in the pre-market session. The 52-week trading range for The Charles Schwab Corporation is $11.00 - $19.87. So far in the current year, SCHW gained around 13%.
China Agritech Inc. (NASDAQ: CAGC) has declined 5% to $25.87 in the pre-market session. So far this year, CAGC is up over 95%. The 52-week trading range for CAGC is $3.00 - $31.44. In the previous trading session, China Agritech Inc. closed at $27.25.
Dyax Corp. (NASDAQ: DYAX) is currently trading at $3.30, having declined by 3.50%. The 52-week trading range for Dyax Corp. is $1.55 - $4.69. In the last six months, DYAX gained over 60%. In the previous trading session, DYAX closed at $3.42.
