Cereplast, Inc. (PINKSHEETS: CERP) stock declined 10.91% to $0.0196. The company, on Dec. 18, announced the commercialization of Cereplast Algae Bioplastics with the introduction of Biopropylene 109D. Cereplast identified a post-industrial algae source that does not rely on the commercialization of biofuel production, allowing the company to commercialize Cereplast Algae Bioplastics sooner than anticipated.
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Sycamore Networks, Inc. (NASDAQ: SCMR) shares dropped 8.13% to $2.25. The 52 week trading range for the company is $2.11 - $20.16. The shares of the company plunged 87% in the last one year. The company develops and markets intelligent bandwidth management solutions for fixed line and mobile network operators worldwide and provides services associated with such products.
Procera Networks, Inc. (NASDAQ: PKT) shares declined 11.34% to $17.35. The company, on Dec. 18, announced it has received a multi-million dollar initial order from a Tier 1 multi-system operator (MSO) in the Middle East. This operator serves cable subscribers across its countrywide footprint as part of its residential triple play service offerings. This new service provider customer selected the PacketLogicTM PL8920 following extensive competitive product evaluation and testing that included many stand-alone and integrated competitors.
Stage Stores Inc (NYSE: SSI) stock declined 10.73% to $22.08 after the company reported its total sales increased 5.0% to $287 million for the five week December period ended December 29, 2012, from $273 million prior year. Comparable store sales increased 2.7%. The company said its feminine apparel businesses, which includes misses sportswear, petites, plus sizes and junior's, achieved comparable store sales increases that exceeded the company average for December.
Skilled Healthcare Group, Inc. (NYSE: SKH) stock decreased 10.45% to $5.83. The 52 week trading range for the company is $4.97 - $8.41. The shares of the company fell 10% in the last one month. The company is a holding company. The Company owns subsidiaries that operate skilled nursing facilities, assisted living facilities, hospices, home health providers and a rehabilitation therapy business.
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