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Triumph Group, Inc. (NYSE: TGI) shares closed down 11.65 percent on about 5.3 million shares traded. The stock was one of the biggest decliners on the NYSE and hit a 52-week low of $62.35 during intra-day trading. The stock sank after earnings from the company missed Wall Street estimates. In its fiscal third quarter, posted earnings of 99 cents a share, below estimates of $1.22 a share. The company also missed revenue estimates, reporting revenue of $915.8 million compared to the predicted $965.9 million.
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Centor Energy, Inc. (OTCBB: CNTO) shares closed down 18.35 percent on Wednesday with a little over 800,000 shares traded. The stock was one of the biggest decliners in the OTCBB marketplace. There was no significant news to explain the fall. On January 22nd, the company provided its shareholders with a letter that stated during 2013, the global economy and equity markets obtained new highs and we expect 2014 to be a continuation with the energy sector leading the way.
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Kleangas Energy Technologies, Inc. (OTC: KGET) shares closed up 72.73 percent on Wednesday with over 140 million shares traded. The stock was one of the biggest advancers in the OTC market. The company reported that its Subsidiary Green Day Technologies, has received an Additional request for $100 million of Pellets and at the start, will commit to delivering $20 million of this pellet order while continuing to expand pellet production moving forward. This Pellet order represents a request for 50,000 metric tons a month or 600,000 metric tons over 12 months. Kget subsidiary will commit to delivering 10,000 metric tons per month or 120,000 metric tons over the next 12 months.
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TearLab Corporation (NASDAQ: TEAR) shares closed down 14.08 percent on Wednesday with nearly 3.2 million shares traded. The stock was one of the biggest decliners on the NASDAQ and had one of the biggest volume increases. The stock is now down 17.5% in the past one-month time frame. TearLab Corporation operates as an ophthalmic device company. It engages in developing and commercializing TearLab Osmolarity System, a proprietary in vitro diagnostic tear testing platform that measures tear film osmolarity for the diagnosis of dry eye disease.
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