Cavium Inc (CAVM): Today's Featured Electronics Laggard
Cavium (CAVM) pushed the Electronics industry lower today making it today's featured Electronics laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Cavium fell 54 cents (-1.7%) to $31.04 on average volume. Throughout the day, 1.4 million shares of Cavium exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in price between $30.98-$31.88 after having opened the day at $31.78 as compared to the previous trading day's close of $31.58. Other companies within the Electronics industry that declined today were: Netlist (NLST), down 17.4%, Canadian Solar (CSIQ), down 11%, Plug Power (PLUG), down 9.3%, and eMagin Corporation (EMAN), down 8.2%.
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