Morning Movers 12/19: ArthroCare (ARTC) Smashed On Restatement Expansion/CFO Resignation; GM Up On Govt Loan - Street Insider

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Morning Movers 12/19: ArthroCare (ARTC) Smashed On Restatement Expansion/CFO Resignation; GM Up On Govt Loan
Dec 19, 2008 03:31 PM UTC

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Via StreetInsider.com News Articles:

StreetInsider.com Morning Movers:

ArthroCare Corp. (NASDAQ: ARTC) 63% LOWER; ArthroCare Announces Expansion of Periods Covered by Restatement of Financial Statements and Withdrawal of Previously Disclosed Anticipated Adjustments; Management Changes; Subpoenas for Production of Documents

Ceradyne Inc. (NASDAQ: CRDN) 22% LOWER; Lowers guidance on investor call

Intrepid Potash, Inc. (NYSE: IPI) 16% LOWER; said it has seen the reduction and deferral of sales of potash and langbeinite, which normally would occur in the fourth quarter, into early 2009. Due to these reductions and deferrals, the Company expects sales levels for the fourth quarter 2008 to be less than half of

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