Continuing its slide of the past week, the Russel 2000 Index was down about 0.50%, a loss of about 4 points to under 790 in morning action with 1-800-FLOWERS (NASDAQ: FLWS
), Par Technology (NYSE: PAR)
, Accuracy Incorporated (NASDAQ: ARAY
) and Adolor Corp (NASDAQ: ALDR
) among the market movers. All the another major indexes were down, too. While up more than 0.70% for the year, the Russel 2000 is down more than 4.3% over the last 5 days of trading.
1-800 FLOWERS (NASDAQ: FLWS) was up about 1% to over $3.20, picking up about a nickel a share on recent favorable articles. The flower and gift company is trading above its 20, 50 and 200 day moving averages. It is one of the few stocks that is up for the week, month and year.
Up also was Adolor Corp to about $2.60. A recent article
on www.smallnetwork.com provided a useful review of the company.
Par Technology (NYSE: PAR) was a big loser, dropping more than 3.3% to under $3.80, a loss of about 15 cents a share due to second quarter earnings. The business equipment company, while up for the week and month, is trading beneath its 20, 50 and 200 day moving averages.
Bering Exploration (NASDAQ: BERX) was also up on strong volume. Recent articles
on www.smallcapnetwork.com have focused on the takeover potential for Bering as it has attractive leases. An article
by James Brumley, Chief Analyst of The Rhino Report
, provides an analysis of Bering.
For the overall market, decliners (4644) far outnumbered those stocks posting a gain (1564). While 207 stocks were trading at new lows, only 109 were hitting new highs in the morning session. While companies have reported strong earnings for the second quarter of 2011, there is concern about the forward projections that have been issued.