Falling NASDAQ Stocks: Extreme Networks, Inc.(NASDAQ:EXTR), Plug Power Inc(NASDAQ:PLUG), and Nanosphere, Inc.(NASDAQ:NSPH)

Posted by Saimoon September 16, 2014 0 Comment 1522 views


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The NASDAQ Composite Index posted a $48.70 loss to move to a value of $4,518.90. Here’s a breakdown of how three NASDAQ stocks fared during yesterday’s trading.

 Extreme Networks, Inc.(NASDAQ:EXTR) saw its value decline by 6.36% yesterday as the stock fell thirty-three cents to move to a new closing price of $4.86. The stock has traded within a range of $3.53 to $8.14 over the past 52 weeks. Extreme Networks, Inc.(NASDAQ:EXTR) currently has a market capitalization of $500.79 million and 96.38 million tradeable shares. On Sept. 10th, the Cincinnati Bengals football team announced that it would be installing an Extreme Networks high density Wi-Fi solution in Paul Brown Stadium.

Will Extreme Networks Continue To See NFL Success? Receive A Free EXTR Analysis.

Plug Power Inc(NASDAQ:PLUG) lost thirty-two cents yesterday as the stock moved to a new closing price of $4.78. The 6.27% loss in value places the stock $4.23 above its 52 week low of $0.45. To contrast, Plug Power Inc(NASDAQ:PLUG) is now situated $6.94 below its 52 week high of $11.72. The company has a market capitalization of $853.46 million and 167.35 million tradeable shares. The stock gained two cents during after-hours trading.

Why Is Plug Power Inc. Falling? Take A Look At Our Free PLUG Analysis.

Nanosphere, Inc.(NASDAQ:NSPH) suffered a 6.15% loss in value yesterday as the stock fell four cents to move to a new closing price of 0.61. The stock traded within a range of $0.59 to $0.64 during the day after opening at a price of $0.64. Nanosphere Inc.(NASDAQ:NSPH) currently has a bid price of $0.40 x 100 and an offer price of $0.87 x 100. The company has a market capitalization of $49.98 million and 76.9 million tradeable shares.

Should You Avoid Nanosphere? View Our Free NSPH Analysis.

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