Wednesday`s Most Active Stock Losers (LJPC, SPLS, ARD, STX, FMCN, SGMS)


(EMAILWIRE.COM, March 04, 2010 ) Dallas, Tx - La Jolla Pharmaceutical Company (NASDAQ:LJPC) fell 37.50% to $0.100 on 29.73 million shares after the company today announced that it received notification from the Nasdaq Hearings Panel that the Panel has determined to deny the Company's request for continued listing on The Nasdaq Stock Market and that trading of the Company's common stock will be suspended effective at the open of business on Thursday, March 4, 2010.

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Staples, Inc. (NASDAQ:SPLS) decreased 2.97% to $22.56 on 40.58 million shares after the company was downgraded by Goldman Sachs from Buy to Neutral and removed the stock from their Conviction Buy List. The firm lowered their price target form $27 to $26.

Arena Resources, Inc. (NYSE:ARD) lost 9.40% to $31.91 on 6.68 million shares.

Seagate Technology (NASDAQ:STX) dropped 6.57% to $19.63 on 25.21 million shares.

Focus Media Holding Limited (ADR) (NASDAQ:FMCN) went down 6.17% to close at $14.91 on 4.04 million shares after the company announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2009 on March 16, 2010.

Scientific Games Corp. (NASDAQ:SGMS) fell 6.73% to $14.42.

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