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)

24/7 Wall St.
Updated

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!

Paul Ausick

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