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J. C. Penney Company, Inc. (NYSE: JCP) shares closed down 8.39 percent on Wednesday on nearly 70 million shares traded. The company said it received a letter of inquiry from the U.S. Securities and Exchange Commission, seeking an explanation on the company's financial position. The retailer said the SEC requested information on October 7 regarding its liquidity, cash position, debt, and public offering of common stock announced on September 26.
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Electronic Arts Inc. (NASDAQ: EA) shares closed down 5.95 percent on Thursday with about 12.6 million shares traded. The stock was one of the most actively traded stocks on the NASDAQ. Shares fell as the video game maker is dealing with technical glitches related to its "Battlefield 4" game. Dice, the studio it owns and which developed "Battlefield 4," will stop working on future titles and focus on fixing issues with the game.
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Sigma Labs, Inc. (OTC: SGLB) shares closed up 9.13 percent on Wednesday with over 7.6 million shares traded. The company had no significant news but the stock was one of the most actively traded stocks. Last month the company announced that it has extended its contract with Honeywell Aerospace a division of Honeywell International (NYSE: HON) to include enhancements to further demonstrate the capabilities of Sigma Labs' PrintRite3D® technology.
Get more information on of Sigma Labs, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/SGLB
OCZ Technology Group, Inc. (NASDAQ: OCZ) shares retraced 22.23 percent on Thursday on about 13.6 million shares traded. The stock hit a new 52-week low of 0.1011 during intra-day trading. Toshiba is to acquire substantially all of OCZ's assets in a chapter 11 bankruptcy proceeding for $35M.
Get more information on OCZ Technology Group, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/OCZ
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