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Mercadolibre, Gulfport Energy Corporation Among Stocks Gapping Down Wednesday

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

  • Mercadolibre (NASDAQ:MELI) gapped down today, opening at $79 after closing the previous trading session at $87.99. Shares are trading at a volume of 1.4 million at a price decrease of 11.6%. The stock has seen some negative movement recently as shares are down $19.86 (-20.3%) from a price of $97.61 on May 2, 2012. The stock is trading at 82.1% of its 50-day moving average and 88.1% of its 200-day moving average.
  • Gulfport Energy Corporation (NASDAQ:GPOR) opened at $20 after closing the previous trading session at $23.13, gapping down. Shares have dropped 12.5%, trading at a volume of 521,300. The stock is trading at 74.2% of its 50-day moving average and 66.4% of its 200-day moving average.
  • STEC (NASDAQ:STEC) gapped down today, opening at $6.69 after closing the previous trading session at $7.70. The stock price is down 5.2% with a volume of 1.2 million. The stock is down over the last three months, having fallen $2.82 (-27.9%) from $10.12 on February 10, 2012. The stock is trading at 83.5% of its 50-day moving average and 77.6% of its 200-day moving average.
  • After closing the previous trading session at $17.87, Medifast (NYSE:MED) gapped down with an opening price of $15.56. Shares are down 7.3%, trading at a volume of 195,935. Shares are down $2.08 (-11.2%) from a price of $18.65 on May 2, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.1% above the mark.
  • Aware (NASDAQ:AWRE) opened at $5.83 after closing the previous trading session at $6.82, gapping down. While trading at a volume of 104,853, the stock price has fallen 13.2%.
  • After closing the previous trading session at $1.41, InfoSonics Corporation (NASDAQ:IFON) gapped down with an opening price of $1.18. Shares are trading at a volume of 254,502 at a price decrease of 7.8%.