NYSE losers: Yingli Green Energy (NYSE:YGE), Global Geophysical Services (NYSE:GGS), Chesapeake Granite (NYSE:CHKR), Fortuna Silver Mines (NYSE:FSM)

Technology Stocks News 4

Shares of Yingli Green Energy Hold Co. Ltd. (NYSE:YGE) fell more than 10% early Tuesday, then recovered slightly to close down around 8.5% after the Chinese solar specialist’s fourth-quarter results missed Wall Street’s expectations. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) stock performance was -8.31% in last session and finished the day at $5.41. Traded volume was 14,129,054 million shares in the last session and the average volume of the stock remained 7.25 million shares. The beta of the stock remained 2.33. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) insider ownership is 1.75%.

Chesapeake Granite Wash Trust (NYSE:CHKR) published its 10-K report which contained an updated standardized measure of proven reserves (PV-10). The updated report showed continued very poor drilling results. Chesapeake Granite Wash Trust (NYSE:CHKR)’s stock on Mar18, 2014 reported a decrease of -6.86% to the closing price of $10.46. Its fifty two weeks range is $9.90 -$17.45. The total market capitalization recorded $489.01 million. The overall volume in the last trading session was 1,033,591 million shares. In its share capital, Chesapeake Granite Wash Trust (NYSE:CHKR) has 46.75 million outstanding shares.

Fortuna Silver Mines (NYSE:FSM) was downgraded by analysts at CIBC from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Tuesday,TheFlyOnTheWall.com reports. On Tuesday, shares of Fortuna Silver Mines Inc. (NYSE:FSM) dropped -5.42% to close the day at $3.84. Company’s monthly performance is recorded as -16.52%. Fortuna Silver Mines Inc. (NYSE:FSM) quarterly revenue growth is 37.63%.

Global Geophysical Services, Inc. (NYSE:GGS) announced that, upon the recommendation of management and after consultation with its independent registered public accounting firm, UHY LLP, the Company’s Audit Committee and Board of Directors have concluded that the Company’s financial statements and related auditors’ reports for each of the fiscal years ended December 31, 2012, 2011, 2010, and 2009 and the first, second and third quarters of 2013 should no longer be relied upon because of accounting errors resulting from material weaknesses in the Company’s internal controls. Global Geophysical Services, Inc. (NYSE:GGS) dropped -60.68 percent to $0.460 yesterday on volume of 9.60 million shares. The intra-day range of the stock was $0.45 to $0.69. Global Geophysical Services, Inc. (NYSE:GGS) has a market capitalization of $17.54 million.

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