Hercules Offshore, Inc. (NASDAQ:HERO) plunged
14.64% to $3.09 on unusual volumes. Wells Fargo downgraded Hercules Offshore
from Market Perform to Underperform.
The stock has average daily volume of 2.62 million
shares. At current market price, the market capitalization of the company
stands at $352.62 million.
Local.com Corp. (NASDAQ:LOCM) slumped
24.11% to $5.25 on about 4.25 million shares- almost 3X its daily average
volumes. The company lowered its fourth-quarter revenue and earnings outlook
citing a material reduction in revenues from Yahoo! following the Yahoo!-Bing
integration during the quarter. For the full year 2010, the company foresees
49% revenue growth over 2009.
Over the past three months of trading sessions, the
stock jumped more than 27%.
Kulicke and Soffa Industries Inc.
(NASDAQ:KLIC) soared 9.42% to $8.36 on high volumes. Oppenheimer
upgraded Kulicke and Soffa Industries from Underperform to Outperform, with a
price target of $11.
The stock has average daily volume of 1.42 million
shares. At current market price, the market capitalization of the company
stands at $594.19 million.
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