- M2M hardware/services provider Sierra Wireless (SWIR -4.4%) and wireless broadband/enterprise Wi-Fi hardware vendor Ubiquiti (UBNT -4.2%) are posting steep losses ahead of their calendar Q4 reports (due after the close). Sierra has seen 623K shares trade vs. a 3-month daily average of 932K, and Ubiquiti 1.44M shares vs. a 3-month average of 1.01M.
- Sierra remains up 42% since its Nov. 5 Q3 beat and strong Q4 guidance. Ubiquiti is down 24% since its Nov. 6 FQ2 miss and light guidance.