24/7 Wall St. Closing Bell — October 19, 2012: Markets Dominated by Sellers Today (VZ, NVDA, GOOG, NOK, SNDK, MCD, COF, CMG, MSFT, RVBD, BHI, HON, KSU, SLB, EW, CAT, FCX, HAS, BTU, STI, VF, AMD, MRVL, AONE)
Advanced Micro Devices Inc. (NYSE: AMD) is down 16.6% at $2.19 after posting a new 52-week low of $2.17 earlier today. The chipmaker posted terrible earnings last night.
Marvell Technology Group Inc. (NASDAQ: MRVL) is down 14% at $7.59 after posting a new 52-week low of $7.52 earlier today. This chipmaker saw its CFO depart yesterday, it warned on third quarter earnings, and cut its outlook.
A123 Systems Inc. (NASDAQ: AONE) is up 52% at $0.11. The advanced battery maker appears to positioned for a bidding war now that it is in bankruptcy. More coverage here.
Stay tuned for Monday. We have noted the following event on the schedule (all times Eastern):11:30 a.m. - 3- and 6-month Treasury bill auctions
Have a great weekend!