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Model N Inc. (NYSE: MODN) shares plunged 31.84 percent to close at $10.04 a share Tuesday. The stock traded between $9.00 and $10.23 on volume of 2.49 million shares traded. The company expects revenues for the first quarter of fiscal 2014 to be in the range of $20.0 million to $21.0 million. Shares of Model N have fallen approximately 50.0 percent year-to-date.
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Starwood Property Trust, Inc. (NYSE: STWD) shares dropped 4.71 percent to close at $23.86 a share Tuesday. The stock traded between $23.85 and $24.33 on volume of 34.17 million shares traded. The company announced a public offering of 25 million shares of its common stock for total estimated gross proceeds of approximately $607.5 million. Shares of Starwood Property Trust have gained approximately 4.0 percent year-to-date.
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United Continental Holdings Inc. (NYSE: UAL) shares spiked 7.32 percent to close at $33.30 a share Tuesday. The stock traded between $31.34 and $33.47 on volume of 10.61 million shares traded. The company reported consolidated traffic (revenue passenger miles) declined 0.5 percent in August. Shares of United Continental have gained approximately 42.0 percent year-to-date.
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ExOne Co. (NASDAQ: XONE) shares declined 3.78 percent to close at $62.70 a share Tuesday. The stock traded between $62.32 and $64.99 on volume of 3.41 million shares traded. The company announced the pricing of a public offering of 2,656,000 shares of its common stock at $62.00 per share. Shares of ExOne have gained approximately 137.0 percent year-to-date.
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