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Market Overview

Biggest Losers (EFUT, HFFC, DRYS, DELL, VOD, BCRX, ADCT, CHOP)

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eFuture Information Technology Inc. (NASDAQ: EFUT) moved down 28% to $7.20 in the morning trading hours after EFUT announced its financial results for the second quarter ended June 30, 2009. The 52 week trading range for EFUT is $2.51 - $13.84.

HF Financial Corp. (NASDAQ: HFFC) is currently trading at $8.20, declined by $1.55 or 15.90% on 35K shares in the morning trading hours after HF Financial announced the pricing of its public offering Of 2.5 million common shares at $8.00 per share.

DryShips Inc. (NASDAQ: DRYS) declined 3.37% to $6.31 on 7.28 million shares. So far this year, DRYS is down over 40%. The 52 week trading range for DRYS is $2.72 - $17.35. Yesterday, DryShips Inc. announced the pricing of its $400 million convertible senior notes offering.

Dell Inc. (NASDAQ: DELL) plummeted 8.19% to $14.55 on 2.28 million shares. Yesterday, Dell reported net income of $337 million or $0.17 a share as compared to $727 million or $0.37 a share, a year ago quarter. In the last six months, DELL gained over 26%.

Vodafone Group Plc (ADR) (NASDAQ: VOD) tumbled 1.77% to $22.15 on 834K shares after The 52 week trading range for VOD is $15.46 - $23.85. Vodafone Spain has appointed Cristina Rivas Saiz as its marketing director for the enterprise business unit in Spain. In the last six months, VOD gained over 18%.

BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) plunged 6.54% to $9.72 on 1.09 million shares. Yesterday, BioCryst Pharmaceuticals announced pricing of a public offering of 5,000,000 shares of its common stock at $9.75 per share. So far in 2009, BCRX gained over 609%.

ADC Telecommunications (NASDAQ: ADCT) declined 14% to $5.69 on 1.38 million shares. Yesterday, ADC Telecommunications reported that it lost $19.2 million in the fourth quarter. So far this year, ADCT is up only 4%.

Golden Green Enterprises Ltd (NASDAQ: CHOP) is another stock down 5.51% and now trades at $5.15, on 136K shares. In the last six months, CHOP gained only around 2%.

 

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