There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include First Solar Inc. (NASDAQ: FSLR), Avon Products Inc. (NYSE: AVP), Silicon Graphics International Corp. (NASDAQ: SGI), Joy Global Inc. (NYSE: JOY), and Groupon Inc. (NASDAQ: GRPN).
After about 90 minutes of trading this morning, First Solar is down about -22% at $33.16, a new 52-week low. Volume is already more than double the daily average. The solar PV maker lowered guidance this morning. See our coverage here.
Avon shares are up nearly 8.5%, at $17.50. Volume is already higher than the normal daily average. The cosmetics company is replacing CEO Andrea Jung. We have more on the story here.
Silicon Graphics is down nearly -12% at $12.35. Volume has already surpassed 4x the daily average. The computer maker’s president/CEO has resigned, effective January 1st, to take a position as president and CEO at another company.
Joy Global is down nearly -8% at $77.89. Volume has nearly reached the daily average already this morning. The heavy machinery maker reported earnings that did not meet expectations this morning and projected 2012 sales would grow at a slower rate than this year.
Groupon is down nearly -7% at $21.72. Volume is on-track for its daily average. The online coupon company received seven new ratings this morning. See our coverage for more details.
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