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Los Angelas, CA -- (SBWIRE) -- 10/17/2012 -- A123 Systems, Inc (NasdaqNM:AONE) is -0.1779 - -74.12% from the previous close of $0.24. It traded between $0.0516 - 0.0977 with total traded volume of 153373184 shares. Keep a close eye on AONE, as the stock has been showing unusual moves over the past weeks. At Current market price, AONE has recovered +24.20% from its 52-week Low of 0.05 and has Pulled back -98.41% from its 52-week high of 3.91. A123 Systems Inc (NASDAQ:AONE) among the top losers in NASDAQ. The stock went down 74.12% to $0.0621 after the company filed for bankruptcy protection and sold its automotive assets following short of cash and weak sales of electric cars. The news came a day after the company alerted of its miss in debt payments and that it could be head for restructuring under Chapter 11. The company is yet to post profit and has lost $83 million in second quarter. Just two months ago did the company announced of a $450 million lifeline from Wanxiang Group Corp which it now terms to be over.
Can AONE Recover After The Recent Fall? Find Out Here
Overseas Shiphold (NYSE:OSG) is -1.41 - -27.27% from the previous close of $5.17. It traded between $3.70 - 5.21 with total traded volume of 8522702 shares. At Current Market Price, OSG is in distance of -41.33% from its 50-day Moving Average price of $6.4091 and -56.28% from its 200-day Moving Average price of $8.6005. Overseas Shipholding Group Inc (NYSE:OSG) among the losers and the stock decreased 27.27% to $3.76 on a traded volume of 3.81 million shares.The Company announced a new service agreement has been signed with Maersk Oil Qatar AS for FSO Africa.FSO Africa is a floating storage and offloading service vessel jointly owned by OSG and Euronav N.V.The new agreementhas a firm term of five years commencing October 1, 2012 and provides MOQ with an extension option for an additional term of either one or two years.
Should Investors Buy OSG Now? Get Our Free Trend Analysis Here
Bankrate, Inc. Co (NYSE:RATE) is -3.24 - -22.34% from the previous close of $14.50. It traded between $10.27 - 11.26 with total traded volume of 10952211 shares. Keep a close eye on RATE, as the stock has been showing unusual moves over the past weeks. At Current market price, RATE has recovered +9.64% from its 52-week Low of 10.27 and has Pulled back -56.61% from its 52-week high of 25.95. Bankrate Inc (NYSE:RATE) is one of the top losers and the stock went down 22.34% to $11.26 on a traded volume of 6.56 million shares. The stock is down after the Company said that the quarterly results could decline. The Company expects earnings to be in the range 2 cents to 4 cents per share for the current quarter. The Company expects revenue to be in the range $115.5 million to $117.5 million for the quarter. However, analysts are expecting Bankrate to earn 20 cents per share on revenue of $132.7 million.
How Should Investors Trade RATE Now? Find Out Here
Isis Pharmaceutic (NasdaqNM:ISIS) is -2.88 - -21.90% from the previous close of $13.15. It traded between $9.90 - 12.00 with total traded volume of 17508780 shares. At Current Market Price, ISIS is in distance of -25.70% from its 50-day Moving Average price of $13.8226 and -10.87% from its 200-day Moving Average price of $11.523. Shares of Isis Pharmaceuticals (NASDAQ:ISIS) tumbled sharply subsequent to an FDA panel posting briefing documents for its Hypercholesterolemia treatment Kynamro. The briefing indicates an “unexpected” level of uncertainty because the drug, which will be before a panel of non-FDA experts on Thursday responsible with recommending approval, has been shown to cause an increase in cancers in rats. Further, it has also been attributed to fat buildup in the liver which can cause long-term damage.
How Should Investors React to ISIS Now? Find Out Here
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