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Cognizant Technology, BroadSoft Among Stocks Gapping Down Monday

These stocks gapped down today and had opening prices sharply lower than the close on the previous trading day:

  • Cognizant Technology (CTSH) opened at $61, gapping down from its previous close of $69.66. While trading at a volume of 9.6 million, the stock price has fallen 14.9%. The share price has dropped $18.04 (-23.3%) from $77.29 on April 5, 2012. The stock is trading at 80% of its 50-day moving average and 83.8% of its 200-day moving average.

  • BroadSoft (BSFT) opened at $33.75 after closing the previous trading session at $40.89, gapping down. Shares are trading at a volume of 1.1 million at a price decrease of 15.7%. Shares are down $8.36 (-19.5%) from a price of $42.81 on April 30, 2012. The stock has moved down across its 50-day moving average of $40.61 today.

  • Georgia Gulf Corporation (GGC) gapped down today, opening at $30.77 after closing the previous trading session at $34.26. The stock price is down 8.4% with a volume of 984,510. Shares are down, having dropped $4.06 (-11.5%) from a price of $35.45 on April 30, 2012. The stock is trading 10.5% above its 200-day moving average.

  • With an opening price of $1.98, National Bank of Greece (NBG) gapped down from its previous close of $2.22. Shares are down 7.1%, trading at a volume of 387,316. The stock is trading at 81.7% of its 50-day moving average and 73.2% of its 200-day moving average.