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Infosys Ltd ADR Gapping Down Friday

Today, there was one stock that gapped down today with an opening price significantly lower than the previous trading day's close:

  • After closing the previous trading session at $56.77, Infosys Ltd ADR (NASDAQ:INFY) gapped down with an opening price of $48.75. Shares have dropped 13.4%, trading at a volume of 4.1 million. The stock has been losing steam over the last month, slipping $9.57 (-16.3%) from a price of $58.71 on March 14, 2012. The stock has moved down across its 200-day moving average of $55.09 today.