Among the biggest losers in Thursday’s early trading are Westwood One (Nasdaq: WWON), Hot Topic (Nasdaq: HOTT) and Semiconductor Manufacturing (NYSE: SMI). Top Percentage Losers — Thursday, May 20, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Semiconductor Manufacturing (NYSE: SMI) $3.49 -12.3% $6.74 $2.29 Hot Topic (Nasdaq: HOTT) $5.86 -10.3% $9.96 $5.25 Westwood One (Nasdaq: WWON) $9.15 -10.2% $17.99 $0.04 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are… Read More
Among the biggest losers in Thursday’s early trading are Westwood One (Nasdaq: WWON), Hot Topic (Nasdaq: HOTT) and Semiconductor Manufacturing (NYSE: SMI). Top Percentage Losers — Thursday, May 20, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Semiconductor Manufacturing (NYSE: SMI) $3.49 -12.3% $6.74 $2.29 Hot Topic (Nasdaq: HOTT) $5.86 -10.3% $9.96 $5.25 Westwood One (Nasdaq: WWON) $9.15 -10.2% $17.99 $0.04 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 10:40AM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. Westwood One Continues Its Losing Streak With the advent of satellite radio companies like Sirius XM (Nasdaq: SIRI) and the time-sucking phenomena known as YouTube and Facebook, a number of national radio chains saw declining audiences and were forced into bankruptcy in recent years. One of the last publicly-traded radio operators, Westwood One (Nasdaq: WWON), looks headed for a similar fate. #-ad_banner-#The company managed to stem a long-standing decline in ad sales in… Read More