Will Declines Continue: Angie’s List Inc (ANGI), American Superconductor Corporation (AMSC), And Cerus Corporation (CERS)
New York, NY – GDP INSIDER – 01/28/2015.
Angie’s List Inc (NASDAQ:ANGI) traded in the range of $4.93 and $5.11 and more than 0.74 million shares exchanged hands, which was slightly below the average daily volume. The stock fell 4.09% to $4.93 in the last trading session, setting a new 52-week low. However, strength returned to the stock of ANGI, moving up 2.64% to $5.06 in the afterhours. The stock drifted 2.57% away from the opening price.
American Superconductor Corporation (NASDAQ:AMSC) exchanged small volume of shares of less than 0.3 million in the last session, compared with more than 0.89 million average daily volume. The stock traded in the range of $0.65 and $0.69. The maker of wind turbine components shed 5.4%, falling $0.038 to end the session at $0.662. The closing price was 3.46% below the opening price of the session. The decline in yesterday’s session put AMSC 75.29% below its 52-week high and 16.18 above its 52-week low. The $60.21 million company recently received an “Outperform” rating and target price of $1.25 from Cowen. With the stock price below $1, American Superconductor Corporation (NASDAQ:AMSC) received a notice from NASDAQ that it was no longer in compliance with the minimum price requirement.
Cerus Corporation (NASDAQ:CERS) traded south 2.90%, shedding $0.16 from its value to end the session at $5.36. The stock ended the session 1.11% below the opening price, 33% below its 52-week high and 54.02% above its 52-week low. The session saw the stock trade in the range of $5.26 and $5.43. Slightly over 0.92 million shares exchanged hands on the day, a volume that was below the average daily volume of 2.07 million shares.
Cerus Corporation (NASDAQ:CERS) recently hinted a plan to fundraise for its various projects. The biotech company said it would offer its common shares to the public to raise funds for working capital, regulatory activities and other needs.
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