BioScrip, Inc. (NasdaqGM: BIOS) tumbled 25.93 percent by noon Tuesday to $4.17, on heavy volume of 1,837,290 shares, nearly four times its average daily volume. The national provider of specialty pharmacy and home care products and services Tuesday announced third-quarter revenue of $441.2 million and net income of $2.0 million or $0.04 earnings per diluted share (EPS). Its 52-week trading range dipped to $4.07 before soaring to $9.84
Mindspeed Technologies Inc. (NasdaqGM: MSPD) skidded 22.91 percent by lunch hour Tuesday to $5.82, on volume of 5,703,805, nearly 10 times its daily average over the last three months. The stock’s 52-week gully was 3.25, its peak at 11.13. The chip maker Monday posted revenue of $57.6 million, well ahead of the Street consensus, but sees Q1 revenue dropping to a range of $40.3 million to $41.2 million, well below the Street consensus.
PokerTec Inc. (Nasdaq: PTEK) fell 16.96 percent in price by noon Tuesday to 0.8968, on volume of 360,386, compared to daily average of 85,329. The stock’s 52-week range varies from 0.37 to 1.63. The casino products maker Tuesday announced its gross profit increased by 87% in the third quarter and 58% Year-To-Date.