Unusual 11 Mid-Day Movers 11/26: EMKR, CHRS, SCMF, GM Higher; LFG, BGP, BCE, ANDE Lower - Street Insider

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Unusual 11 Mid-Day Movers 11/26: EMKR, CHRS, SCMF, GM Higher; LFG, BGP, BCE, ANDE Lower
Nov 26, 2008 05:28 PM UTC

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Via StreetInsider.com News Articles:

LandAmerica Financial (NYSE: LFG) 78% LOWER; shares fell 88% on Monday following news that the company had canceled a deal to be acquired by Fidelity National. Today, rather than doing an outright deal, the company announced that it will sell 3 title insurance units to Fidelity. LandAmerica also filed Chapter 11 bankruptcy protection for the remaining parts of its company.

EMCORE (Nasdaq: EMKR) 46.8% HIGHER; with shares of EMCORE up 72% (prior to today) since hitting a new 52-week low at $0.82 on the 20th, short sellers who reloaded their downside bets are likely getting squeezed today. At the

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