Western Digital, Constant Contact Among Stocks Gapping Down Friday

FOXBusiness

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

  • With an opening price of $38.80, Western Digital (NYSE:WDC) gapped down from its previous close of $44.10. The stock price is down 11.8% with a volume of 5.4 million. The share price has dropped $3.27 (-7.8%) from $42.17 on March 28, 2012. The stock is trading 9.5% above its 200-day moving average.

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  • Constant Contact (NASDAQ:CTCT) gapped down today, opening at $23.85 after closing the previous trading session at $28.51. Shares are down 15.2%, trading at a volume of 564,895. The stock has been on a downward trajectory over the last two months, dipping $6.05 (-20%) from a price of $30.24 on February 29, 2012. The stock has moved down across its 200-day moving average of $25.72 today.
  • Arkansas Best Corporation (NASDAQ:ABFS) opened at $15.51, gapping down from its previous close of $17.38. While trading at a volume of 474,521, the stock price has fallen 8%. The stock has been losing steam over the last month, declining $3.02 (-15.9%) from a price of $19.01 on March 28, 2012. The stock is trading at 86.7% of its 50-day moving average and 84.3% of its 200-day moving average.
  • Nanometrics Incorporated (NASDAQ:NANO) opened at $16.12 after closing the previous trading session at $19, gapping down. Shares are trading at a volume of 211,737 at a price decrease of 8.7%. The stock has lost momentum over the last three months, losing $2.91 (-14.4%) from $20.25 on January 31, 2012. The stock has moved down across its 200-day moving average of $17.86 today.
  • Brightpoint (NASDAQ:CELL) gapped down today, opening at $6.23 after closing the previous trading session at $7. Shares are down 9.4%, trading at a volume of 277,355. The stock is trading at 81.1% of its 50-day moving average and 67.8% of its 200-day moving average.

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