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Stock Losers: Swift Transportation Co, OCZ Technology Group Inc, VeriFone Systems Inc, Mechel OAO

 
 
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Lakeway, NY -- (SBWIRE) -- 03/15/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Swift Transportation Co (NYSE:SWFT) moved down 1.93% and closed at $14.74 on a traded volume of 2.01 million shares. So far this year, the stock is up over 71%. The 52-week range for the stock is $7.47 and $15.67. Swift Transportation Company is a transportation services company and a truckload carrier in North America.

Is SWFT a Strong After The recent price Movement? Let’s Find out Here

OCZ Technology Group Inc. (NASDAQ:OCZ) declined 1.91% and closed at $2.05 on a traded volume of 1.12 million shares. Hercules Technology Growth Capital, Inc. has entered into a $30 million loan and security agreement with OCZ Technology Group, Inc. The agreement comprises of a $15 million term loan and a $15 million revolving credit facility. As per the terms of the agreement, OCZ Technology has ended its previous credit facility agreement with Wells Fargo & Company.

Is OCZ a Strong Buying Opportunity After The Recent Slump? Find out Here

VeriFone Systems Inc. (NYSE:PAY) decreased 1.90% and closed at $20.61 on a traded volume of 3.30 million shares. Glancy Binkow & Goldberg LLP announced that a class action lawsuit has been filed in the United States District Court, Northern District of California on behalf of all purchasers of the common stock of VeriFone Systems, Inc. between December 14, 2011 and February 19, 2013, inclusive.

Is PAY Signaling a Buy Signal After The recent Volatility? Let’s Find out Here

Mechel OAO (ADR) (NYSE:MTL) slipped 1.90% and closed at $5.17 on a traded volume of 2.37 million shares. Mechel OAO announced the appointment of Andrey Kocherov as Vice-President for Public and Investor Relations. Prior to his appointment, since January 2011 Mr. Kocherov headed the communications department of Alfa-Group Consortium's A1 investment company.

Is MTL Signaling a Buy Signal After The recent Volatility? Let’s Find out Here

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