Benzinga's Volume Losers

Despite a very strong start to 2012 on Tuesday, with the Dow rising more than 170 points at mid-day, there are a number of notable stocks that are falling on heavier than usual volume. These names include Universal Display PANL, Zumiez ZUMZ, Buffalo Wild Wings BWLD, Sanderson Farms SAFM, Apollo Group APOL, and SanDisk SNDK. The activity in these names is detailed below. PANL - Shares have fallen 11.69% to $32.40 after the stock's price target was lowered from $40.00 to $35.00 at Canaccord Genuity. Volume is running at 205% above average. ZUMZ - Shares of this retailer were downgraded at Piper Jaffray from "Overweight" to "Neutral." The stock has lost 5.19% to $26.32 and volume is running at 106% above average. BWLD - Despite having its price target raised to $76.00 at Deutsche Bank DB, BWLD has lost 3.26% to $65.31. Volume is 18% above average. SAFM - Shares of Sanderson Farms are down 3.11% to $48.57 despite a strong broader tape. Volume is running slightly above average in the name. APOL - Shares of the the education company have lost 1.52% and are trading at $53.05. Volume is running 6% higher than normal. SNDK - SanDisk has lost 3.41% to $47.53 on Tuesday after Goldman Sachs GS cut its rating on the stock from "Buy" to "Neutral." The analysts cited “significant risk of industry oversupply in NAND flash in the first quarter of 2012, which could accelerate near-term price declines.”