MidnightTrader Analyst Play: LDK Solar

LDK Solar (LDK | Quote | Chart | News | PowerRating) closed down 1% at 45.61, paring the decline to 44.40 recorded in today's pre-market session after Morgan Stanley downgraded it to Equalweight from Overweight.

The stock, following an analyst ratings move including today's, has narrowed or reversed its pre-market share move during regular trading in four out of five events tracked in our database.

6/2/08 Pre-Market: down at 44.40; Regular Session: -1.0% at 45.61 - Morgan Stanley cuts rating to Equalweight.

2/19/08 Pre-Market: +4%; 2/19/08 Regular Session: +2.5% - Reported upgrade to Neutral from Sell.

1/9/08 Pre-Market: up to 45.80; down 1.7% to 43.05 - CIBC raised rating to Sector Perform from Sector Underperform.

10/31/07 Pre-Market: -3.5%; 10/31/07 Regular Session: +2% - Piper Jaffray cut rating to Market Perform from Outperform.

9/13/07 Pre-Market: -1.3%; 9/13/07 Regular Session: -3.1% - Morgan Stanley downgrades to Equalweight from Overweight.

Brooks McFeely is widely regarded as the leading expert on extended-hours trading. He is a Managing Partner for Brochet Capital Partners, LP and the founder of Midnight Trader, Inc. (www.midnighttrader.com), the leading provider of pre-market and after-hours trading analysis and news to retail and institutional investors.