A slew of Goldman Sachs' downgrades are knocking a number of stocks for a loop. The laundry list of downside movers is as follows: ACT Manufacturing (ACTM: news, msgs), cut to "market outperformer" from the "U.S. recommended for purchase" list, is off $1.25, or 6.4 percent, to $18.38; Ashford.com (ASFD: news, msgs), lowered to "market performer" from "market outperformer," is plunging 41 cents, or 39.4 percent, to 62 cents; Blue Martini (BLUE: news, msgs), cut to "market outperformer" and removed from the "U.S. recommended for purchase" list, is diving $1.75, or 11.8 percent, to $13.12; BROADVISION(BVSN: news, msgs), lowered to "market outperformer" and removed from the "U.S. recommended for purchase" list, is slumping $1.12, or 5.5 percent, to $19.25; Covad Communications (COVD: news, msgs), cut to "market performer" from "market outperformer," is falling 25 cents, or 11.6 percent, to $1.91; Digital Island (ISLD: news, msgs), lowered to "market performer" from "market outperformer," is sinking $1.31, or 21.9 percent, to $4.69; Magnetek (MAG: news, msgs), dropped to "market underperformer" from "market performer," is losing $1.25, or 9.6 percent, to $11.75; NaviSite (NAVI: news, msgs), lowered to "market performer" from "market outperformer," is off 44 cents, or 12.3 percent, to $3.12; and TheStreet.com (TSCM: news, msgs), cut to "market performer" from "market outperformer," is down 31 cents, or 10.4 percent, to $2.69.
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