Altera Falling Again on Monday

Shares of Altera Corp.

are falling again on Monday after a big sell off on Friday. At last check, ALTR shares were down 2.30% to $34.44. The move is coming on heavy volume with more than 3 million ALTR shares already changing hands on the session. The stock has been under pressure in 2012, falling more than 7%, including more than 11% in the last month. Altera Corporation is a global semiconductor company. The Company designs, manufactures, and markets high-density programmable logic devices (PLDs), HardCopy ASIC devices, pre-defined design building blocks known as intellectual property (IP) cores, and associated development tools.