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Chicago Bridge & Iron Company N.V, Salix Pharmaceuticals Among Stocks Gapping Down Monday

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

  • After closing the previous trading session at $40.70, Chicago Bridge & Iron Company N.V (NYSE:CBI) gapped down with an opening price of $35.90. Shares are down 12.7%, trading at a volume of 5.4 million. Over the last three months, the stock has lost $9.95 (-21.9%) from a price of $45.50 on May 2, 2012. The stock has moved down across its 200-day moving average of $40.16 today.
  • Salix Pharmaceuticals (NASDAQ:SLXP) opened at $45.91 after closing the previous trading session at $53.19, gapping down. Shares are trading at a volume of 1.2 million at a price decrease of 10.7%.
  • After closing the previous trading session at $59.33, Lufkin Industries (NASDAQ:LUFK) gapped down with an opening price of $52.77. While trading at a volume of 404,276, the stock price has fallen 13.2%. The stock has fallen over the last three months, dropping $25.80 (-33.4%) from $77.28 on May 2, 2012. The stock has moved down across its 50-day moving average of $54.93 today.
  • Armstrong World Industries (NYSE:AWI) opened at $39.01 after closing the previous trading session at $45.13, gapping down. Shares are down 11.7%, trading at a volume of 301,829. The share price has been dropping in the last month, down $8.58 (-17.7%) from $48.45 on June 28, 2012. The stock is trading at 84.8% of its 50-day moving average and 84.3% of its 200-day moving average.