Dallas,TX 1/23/2010 12:18:48 AM
News / Business

Biggest Percentage Stocks Losers are SLM, NAT, ACHN

Percentage Stocks Losers

 

SLM Corporation (NYSE:SLM) is down 6.69% to $11.02 on 1.65 million shares. The stock hit an intraday high and an intraday low of $12.10 and $10.95 respectively. In the last six months the stock went up over 17%. SLM Corporation, known as Sallie Mae, is engaged in the business to originate, service and collect student loans. The Company provides funding, delivery and servicing support for education loans in the United States through the participation in the Federal Family Education Loan Program (FFELP) and through the non-federally guaranteed Private Education Loan programs.

 

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Nordic American Tanker Shipping Limited (NYSE:NAT) plunges 6.86% to $30.41 on 1.22 million shares. The stock hit an intraday high and an intraday low of $30.63 and $30.32 respectively. In the last six months the stock went down over 1%. Nordic American Tanker Shipping Limited is an international tanker company that owns double-hull Suezmax tankers averaging approximately 155,000 deadweight tons (dwt) each.

 

Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) decreases 11.73% to $2.30 on 1.04 million shares after the company announced that it has priced a firm commitment underwritten public offering of 10,275,000 shares of its common stock at public offering price of $2.08 per share. The Company has also granted to the underwriters an option to acquire up to an additional 1,541,250 shares to cover overallotments in connection with the offering.

 

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