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DSW, Infinity Pharmaceuticals Gapping Down Monday

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

  • With an opening price of $52, DSW (NYSE:DSW) gapped down from its previous close of $58.80. While trading at a volume of 1.8 million, the stock price has fallen 12%. Shares are down, having dropped $5.35 (-9.4%) from a price of $57.12 on June 11, 2012. The stock has moved down across its 50-day moving average of $57.58 today.
  • After closing the previous trading session at $13.88, Infinity Pharmaceuticals (NASDAQ:INFI) gapped down with an opening price of $11.39. Shares are down 16%, trading at a volume of 550,042. Shares have been on on the rise over the past three months, climbing 81 cents (6.5%) from a price of $12.47 on May 17, 2012. The stock is trading 10.1% above its 200-day moving average.