Interpublic Group, Exelixis Gapping Down Monday

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

  • With an opening price of $9.84, Interpublic Group (NYSE:IPG) gapped down from its previous close of $10.97. The stock price is down 8.9% with a volume of 3.6 million. The stock has lost momentum over the last three months, losing $1.39 (-12.2%) from $11.38 on May 9, 2012. The stock has moved down across its 200-day moving average of $10.80 today.
  • Exelixis (NASDAQ:EXEL) opened at $4.99 after closing the previous trading session at $5.58, gapping down. While trading at a volume of 2.3 million, the stock price has fallen 7.3%. Shares are down, having dropped $1.28 (-19.8%) from a price of $6.45 on July 30, 2012. The stock has moved down across its 200-day moving average of $5.28 today.