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Mechel OAO (NYSE: MTL) shares closed down 23.34 percent on Wednesday on about 16.2 million shares traded. The stock had one of the biggest percentage decreases on the NYSE yesterday. The stock traded in between 1.65 and 2.46 with 1.65 becoming a new 52-week low. The stock fell to the lowest level on record due to speculation that there are difficulties with debt talks and that an investor facing a margin call may have sold their shares.
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The Dolan Company (NYSE: DM) shares closed down 14.29 percent on a little over 1.9 million shares in volume on Wednesday. The stock traded in between 0.88 and 1.08 a share with 0.88 becoming a new 52-week low for the stock. The stock had one of the largest volume increases on the NYSE. Earlier in the week the Company had announced financial results for the three months ended September 30, 2013 and revealed that third quarter revenues decreased 20.7% year-over-year to $35.5 million.
Get more information on The Dolan Company and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/DM
Zynga, Inc. (NASDAQ: ZNGA) shares closed up 8.55 percent on Wednesday with nearly 39 million shares traded. Zynga was one of many social media stocks yesterday that saw a boost in price as these companies may be influenced by indexes moving higher. Shares moved up about 2.3% almost immediately after the market opened on Wednesday.
Get more information on Zynga, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/ZNGA
Netlist Inc. (NASDAQ: NLST) shares closed down 20.25 percent on Wednesday, making it one of the biggest losers on the NASDAQ yesterday. The stock traded nearly 1.3 million shares in comparison to an average of only about 85,000 shares. The big drop came after the company came out with Q3 results late Tuesday afternoon. Revenue for the third quarter ended September 28, 2013 was $4.3 million, compared to $6.4 million for the third quarter of 2012.
Get more information on Netlist Inc . and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/NLST
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