Top Losers at NASDAQ – (PWRD, NFLX, CISG, AMSC) – USA Market News
Perfect World Co., Ltd. NASDAQ:PWRD
Shares of Perfect World Co. fell after the Chinese online game developer lowered its third-quarter revenue guidance, saying it has decided to slow some in-game promotional activities to extend the lifecycle of its games.
The company now expects revenue between 702 million yuan ($109.8 million) and 741 million yuan ($115.9 million). Its earlier guidance was for revenue of 756 million yuan ($118.3) and 803 million yuan ($125.6).
Perfect World said Thursday it believes the fluctuation in revenue is only temporary and that it remains confident in future growth prospects.
Perfect World Co., Ltd. (NASDAQ:PWRD) declined -19.40% to $13.92 and its total volume during the last trading session was 5.50 million shares. Its shares touched the day high of $16.14 and day low of $13.84.
Its market capitalization is 691.56 million and its beta value stands at 1.65 times. Its earnings per share were 2.72 and its price to earnings ratio ended at 5.13.
Netflix, Inc. NASDAQ:NFLX
Netflix, Inc. (NASDAQ:NFLX) reported the fall of -18.91% to $169.25 and its total volume during the last trading session was 21.26 million shares more than the average volume of 4.09 million. Its shares touched the day high of $185.40 and day low of $168.13.
Its market capitalization is 8.89 billion and its beta value stands at 0.51 times. Its earnings per share were 3.95 and its price to earnings ratio ended at 42.86.
CNinsure Inc. (ADR) NASDAQ:CISG
CNinsure Inc. (ADR) (NASDAQ:CISG) dropped -15.37% to $9.03 and its total volume during the last trading session was 4.63 million shares more than the average volume. Its shares touched the day high of $9.39 and day low of $7.36.
Its market capitalization is 22.78 million and its beta value stands at 1.43 times. Its earnings per share were 1.36 and its price to earnings ratio ended at 6.63.
American Superconductor Corporation NASDAQ:AMSC
American Superconductor Corporation (NASDAQ:AMSC) slipped -15.11% to $6.01 and its total volume during the last trading session was 2.99 million shares more than the average volume of 1.17 million. Its shares touched the day high of $7.16 and day low of $5.93.
Its market capitalization is 304.72 million and its beta value stands at 1.50 times. Its earnings per share were 0.86 and its price to earnings ratio ended at 7.00.
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