KIT digital (KITD) Volatilty Up on Sharp Drop Off

May 29, 2012 11:09 AM EDT Send to a Friend
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KIT digital (Nasdaq: KITD) volatility is up on the recent sharp drop in shares.

Market data as volatility up 6 percent from last Friday's close an about 104 percent above its daily average over the last year.

Shares are down 7 percent on the session, with a large drop coming in just ahead of 11 am EDT.

Shares are well below their 50-day SMA of $6.10.


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