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Tuesday's High Volume Selloffs - FORM, ERTS, DTSI, MFLX

Benzinga 16 years ago

Short IdeasTechnicalsMoversTrading Ideas

Taking big losses over the span of one day is survivable. Taking big losses on high volume, however, may be a problem.... pointing to a major shift in the market's underlying opinion of a stock. Here are Tuesday's losers with selloffs made on much higher than average volume. Multi-Fineline Electronix, Inc. (NASDAQ: MFLX) DTS, Inc. (NASDAQ: DTSI) Electronic Arts Inc. (NASDAQ: ERTS) FormFactor, Inc.(NASDAQ: FORM) FormFactor, Inc., was down 7% on 285% normal volume, Electronic Arts Inc. fell 8% on a 336% increase in trade, DTS, Inc. was off 3.3% on a 457% increase in volume, while Multi-Fineline Electronix, Inc. lost 10.5% on a volume boost of 526%.

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