24/7 Wall St. Closing Bell — October 5, 2012: Markets Slide after Early Gains (HPQ, HD, COG, FDO, BRCD, STZ, AA, YUM, COST, SWY, ZNGA, FSLR, CTIC, GRPN)

Before you go, we thought you'd like these...
Before you go close icon

Zynga Inc. (NASDAQ: ZNGA) is down 13.3% at $2.45 after posting a new 52-week low of $2.21 earlier today. The social gaming company lowered its quarterly forecast last night and the stock was pummeled today. More coverage here.

First Solar Inc. (NASDAQ: FSLR) is down 10.6% at $20.16. The solar panel maker got a downgrade today due to a potentially long-term warranty problem. More coverage here.

Cell Therapeutics Inc. (NASDAQ: CTIC) is down 25.5% at $1.51 after posting a new 52-week low of $1.42 earlier today. The biopharma company announced a secondary stock offering today. More coverage here.

Groupon Inc. (NASDAQ: GRPN) is up 9.2% at $5.24. The daily deals company had no news, but then the good news is that Groupon is not Zynga. More coverage here.

Monday is a federal holiday. U.S. banks and bond markets are closed, but equity markets will be open. No data releases are scheduled for Monday.

Have a great weekend!

Paul Ausick

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners