Cognizant Technology, BroadSoft Among Stocks Gapping Down Monday
Published May 07, 2012
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.