Discover — SNK -14.85% (11:00 AM ET)

SNK is getting hit hard intraday, down 14.85% to $12.82 with $12.2M in dollar-volume already on the tape.

Shares collapsed from a previous close of $15.25, shedding over $2.40 per share as sellers are firmly in control during today's regular session. The $12.2M in dollar-volume signals this is not a low-liquidity drift — there is real size moving through this name. Watch for whether $12.82 holds as intraday support or whether continued volume pressure pushes price toward a further leg down; a stabilization and volume dry-up would be the first sign sellers are exhausting.