Small Stocks Showing Unusual Moves (SQNM, STAC, BBI)

Sequenom, Inc. (NASDAQ:SQNM) fell 3% to $6.29 after Wedbush Morgan initiated coverage of the stock with an underperform rating and 50-cent price target.

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SatCon Technology Corporation (NASDAQ:SATC) surged 5.50% to $2.69 after the renewable energy company said it has received an order for 150 megawatts of its 500kW solar PV inverters from GCL Solar for installations in China.

Blockbuster Inc. (NYSE:BBI) soared 24% to $0.312 after the company said it has reached new agreements with movie studios, including Sony, Fox and Warner, for faster availability of films and better payment terms. Blockbuster Inc. (Blockbuster) operates and franchises entertainment-related stores in the United States and a number of other countries. The Company also operates an online service offering rental and sale of movies delivered by mail and digital delivery through blockbuster.com.

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