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Today’s Biggest Losers were SRZ, MYGN, FUQI as reported by Penny Stock Pick Alert

Posted : Tue, 10 Nov 2009 11:02:22 GMT
Author : Mailwire
Category : Press Release
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(EMAILWIRE.COM, November 10, 2009 ) Dallas, TX: unrise Senior Living, Inc. (NYSE:SRZ)  was one of the most active losers in today`s sessions as it plunged over 32% to end the day at $2.93 on huge volume of 11.37 million shares after its third-quarter loss narrowed; yet a drop in occupancy, lower revenue and potentially rising expenses disappointed investors. And Chief Executive Mark Ordan indicated the company still has work to do. “We are pleased with the restructuring progress we have made but not with our financial performance,” he said.
Fuqi International, Inc. (NASDAQ:FUQI) went down $4.15 or 17.79% to close at $19.18 on a volume of over 10 million shares after its third-quarter net income increased to $18.8 million, or $0.73 per diluted share. Revenue rose to $127.2 million from $93.7 million last year. Fuqi International expects revenue for fiscal 2009 to be in between $519.4 - $528.4 million and net income to be in the range of $53.5-$54.9 million.
Myriad Genetics, Inc. (NASDAQ:MYGN) fell 6.28% to close at $22.85 on huge volume of 6.35 million shares. Today, the stock made a new 52-week low of $22.38. Myriad Genetics, Inc. is a healthcare company focused on the development and marketing of molecular diagnostic products.

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