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Polypore International, True Religion Apparel 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:

  • Polypore International (NYSE:PPO) opened at $32.88, gapping down from its previous close of $37.16. Shares have dropped 13.3%, trading at a volume of 2.3 million. The stock has been losing steam over the last month, dropping $6.90 (-17.6%) from a price of $39.11 on July 2, 2012. The stock has moved down across its 50-day moving average of $37.12 today.
  • With an opening price of $22.87, True Religion Apparel (NASDAQ:TRLG) gapped down from its previous close of $26.24. The stock price is down 12.3% with a volume of one million. Over the last month, the share price has dropped $6.10 (-21%) from $29.11 on July 2, 2012. The stock is trading at 82.4% of its 50-day moving average and 80% of its 200-day moving average.
  • Nice Systems (NASDAQ:NICE) gapped down today, opening at $31.65 after closing the previous trading session at $36. Shares are trading at a volume of 386,569 at a price decrease of 11.1%. The stock has lost momentum over the last three months, losing $5.62 (-14.9%) from $37.61 on May 4, 2012. The stock has moved down across its 50-day moving average of $35.58 today.
  • With an opening price of $19.17, Kraton Performance Polymers (NYSE:KRA) gapped down from its previous close of $23.42. Shares are down 12.6%, trading at a volume of 357,906. Shares have shown some positive movement over the last two months as the price has climbed $2.56 (14.3%) from a price of $17.90 on June 4, 2012. The stock has moved down across its 50-day moving average of $21.44 today.
  • FARO Technologies (NASDAQ:FARO) gapped down today, opening at $38.50 after closing the previous trading session at $43.03. While trading at a volume of 184,812, the stock price has fallen 14.9%. The stock is down over the last three months, having fallen $14.96 (-29%) from $51.59 on May 4, 2012. The stock has moved down across its 50-day moving average of $41.93 today.
  • After closing the previous trading session at $5.14, Array BioPharma (NASDAQ:ARRY) gapped down with an opening price of $4.50. The stock price is down 15.4% with a volume of 707,010. Over the last three months, the stock has gained $1.12 (34.7%) from a price of $3.23 on May 4, 2012. The stock is trading 13.4% above its 50-day moving average and 24% above its 200-day moving average.
  • Suntech Power Holdings (NYSE:STP) opened at $1.01, gapping down from its previous close of $1.13. Shares are trading at a volume of 2.2 million at a price decrease of 14.2%. The stock is trading at 56.3% of its 50-day moving average and 40.9% of its 200-day moving average.
  • With an opening price of $14.05, The Chefs Warehouse (NASDAQ:CHEF) gapped down from its previous close of $16.15. Shares have dropped 14.4%, trading at a volume of 126,662. Over the last three months, the stock has lost $5.45 (-28.3%) from a price of $19.27 on May 4, 2012. The stock is trading at 79.1% of its 50-day moving average and 71.1% of its 200-day moving average.
  • After closing the previous trading session at $10.94, TTM Technologies (NASDAQ:TTMI) gapped down with an opening price of $8.76. The stock price is down 13.2% with a volume of 170,705. Shares are up over the last two months, having risen 66 cents (7.5%) from a price of $8.84 on June 4, 2012. The stock has moved down across its 50-day moving average of $9.58 today.