Elan Corporation plc, Power Integrations Among Stocks Gapping Down Tuesday

Published August 07, 2012

| FOXBusiness

Today, these stocks gapped down with open prices significantly lower than the close on the previous trading day:

With an opening price of $9.93, Elan Corporation plc (ELN) gapped down from its previous close of $11.25. Shares are down 7.6%, trading at a volume of 12.3 million. The share price has dropped $3.96 (-27.6%) from $14.36 on July 9, 2012. The stock is trading at 79.7% of its 50-day moving average and 77.9% of its 200-day moving average.

Power Integrations (POWI) gapped down today, opening at $33.05 after closing the previous trading session at $37.30. Shares are trading at a volume of 270,833 at a price decrease of 3.9%. Over the last three months, the stock has lost $6.80 (-15.9%) from a price of $42.64 on May 10, 2012. The stock has moved down across its 50-day moving average of $36.41 today.

NetSpend Holdings (NTSP) opened at $8.48, gapping down from its previous close of $9.49. While trading at a volume of 577,497, the stock price has fallen 8%. The stock has risen $1.79 (25.8%) over the last three months from a price of $6.94 on May 10, 2012. The stock is trading 6.8% above its 200-day moving average.

After closing the previous trading session at $10, Kosmos Energy (KOS) gapped down with an opening price of $8.28. Shares are down 3%, trading at a volume of 112,860. The stock has fallen over the last three months, dropping $1.47 (-13.2%) from $11.17 on May 10, 2012. The stock is trading at 94.3% of its 50-day moving average and 83% of its 200-day moving average.

http://www.foxbusiness.com/markets/2012/08/07/elan-corporation-plc-power-integrations-among-stocks-gapping-down-tuesday/