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Seagate and Other Big Movers on the Nasdaq on November 27, 2012

November 27, 2012 | Filed Under »
Tickers in this Article » BSFT, WERN, SRPT, PDCE, STX, MNST, DECK
It's been a bad morning for the market, with the Nasdaq slipping 0.2%, the S&P 500 down 0.2% and the Dow declining 0.3%. Most stocks on the Nasdaq Composite Index are technology and Internet-related, but there are financial, consumer, bio-tech and industrial companies as well.

The biggest movers traded on the NASDAQ so far are:
CompanyMarket CapPercentage Change
BroadSoft (Nasdaq:BSFT)$838.7 million+8.9%
Werner Enterprises (Nasdaq:WERN)$1.68 billion-5.6%
Sarepta Therapeutics (Nasdaq:SRPT)$789.3 million-4.4%
PDC Energy (Nasdaq:PDCE)$953 million+4.4%
Seagate (Nasdaq:STX)$10.32 billion-4.3%
Monster (Nasdaq:MNST)$7.86 billion+3.9%
Deckers (Nasdaq:DECK)$1.24 billion+3.4%
Broker Summary: OptionsXpress Online Trading Platform

After an increase of 8.9%, BroadSoft (Nasdaq:BSFT) has reached a current price of $32.82. So far today, the company's volume is 516,870 shares, 1.4 times its average over the past three months.

Werner Enterprises (Nasdaq:WERN) is trading at $21.75 per share, down 5.6%. So far today, the company's volume is 401,756 shares.

Currently trading at $29.65 per share, Sarepta Therapeutics (Nasdaq:SRPT) has fallen 4.4%. This morning, 1.4 million shares have been traded,.

After rising 4.4%, PDC Energy (Nasdaq:PDCE) is currently trading at a share price of $32.86. So far this morning, 221,573 shares have changed hands. This is in keeping with its current daily average.

Seagate (Nasdaq:STX) has decreased to $26.16 per share, a 4.3% fall. With 6.9 million shares changing hands so far today, the company's volume is 0.8 times its current three-month average.

Monster (Nasdaq:MNST) is currently trading at $47.65 per share, a 3.9% increase. The company is currently trading a volume of 3.1 million shares.

Deckers (Nasdaq:DECK) is at $36.44 per share after an increase of 3.4%. At 1.1 million shares, the company's volume so far today is on pace to finish the day below yesterday's volume of four million shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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