Ascent Solar Technologies, inc. (ASTI) is down more than 8% today after the company announced after market a secondary offering of shares.
Cisco Systems, Inc. (NASDAQ: CSCO) posted slight gains yesterday, but is down significantly today on heavy volume after its CEO projected slow growth for “the next several quarters.” At $20.47, the stock is close to its 52-week low of $19.82.
China Grentech Corporation Limited (NASDAQ: GRRF) is one of today’s biggest movers. Shares of GRRF have increased more than 25% to $3.65 (relative to a 52-week range of $1.51-$5.35) after an impressive 3Q earnings report after yesterday’s close.
Dendreon Corporation (NASDAQ: DNDN) is up nearly 7% premarket on heavy volume.
Juniper Networks Inc. (JNPR US) is down 8.7 percent, mostly on the CSCO news.
Sonic Solutions (NASDAQ: SNIC) gained more than 7% after market close yesterday, those gains have held so far. The stock, at $11.10, is trading within a 52-week range of $6.76-$14.02.
Watson Pharmaceuticals Inc. (WPI US) has taken a moderate loss premarket after announcing its second-largest holder would be selling more than 10 million shares. Shares of WPI are trading within a 52-week range of $35.08-$52.01.