Wednesday, May 1, 2013

Cray (CRAY) & Trimble Navigation (TRMB) Get Hit Hard On 1Q'13 Results

Cray (CRAY) got hit hard after reporting 1Q'13 results. CRAY closed yesterday at $21.16; opened today at $20.16 and has hit an early intra-day low of $18.70. At 9:55am EDT, CRAY is at $19.74. 52-week range: $9.99 - $23.59.

Trimble Navigation got hit after reporting 1Q'13 results. TRMB closed yesterday at $28.74; opened today at $26.64 and has hit an early intra-day low of $26.25. At 10:01am EDT, TRMB is at $26.31. 52-week range: $20.01 - $32.03.

[02013.05.01] Yikes! CRAY lost ~17% of its market value today closing at $17.56. Intra-day low was $17.44. Volume was 6.3x t3m-avg. TRMB lost 8% of market value closing at $26.43. Intra-day low was $26.04. Volume was 3.8x t3m-avg.

[02013.05.02] CRAY followed yesterday's ~17% crash with an ~1.7% drop today.

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