Stock Gainers In Midday Trading For Dec. 1

Dex One Corporation (NYSE:DEXO) is up 25.95% in midday trading at $1.65. DEXO has traded 1.7 million shares so far today, nearly a million more than its daily average of 958 thousand shares. DEXO has been in a big uptrend the past five trading sessions moving from less than $0.80 to as high as $1.80. The company has a current market cap of 82.38 million.

Magma Design Automation Inc. (NASDAQ:LAVA) is up 24.74% at $7.14. LAVA has traded 39.3 million shares so far today, way above its daily average of 766 thousand shares. Synopsys (NASDAQ:SNPS) said it has agreed to buy Magma Design for $7.35 a share. The company has a current market cap of 488.73 million.

GMX Resources Inc. (NYSE:GMXR) is up 19.70% today at $1.58. GMXR has traded 1.5 million shares so far today and has already traded what it usually trades in a day. GMX Resources announced it will sell an overriding royalty interest in certain long-lived producing assets in Haynesville Bossier for $50 million. The company has a current market cap of 90.04 million.

Texas Industrials Inc. (NYSE:TXI) is up 17.45% at $29.75 in midday trading today. TXI has traded 3 million shares so far today, 10 times its daily average. TXI spiked right around the noon hour and jumped as high as $35.84. The company has a current market cap of 827.17 million.

Charming Shoppes Inc. (NASDAQ:CHRS) is up 13.14% today at $4.39. CHRS has traded 7.2 million shares so far today, more than 3 times its daily average. CHRS stock is up today after the company plans to sell Fashion Bug operations and conduct a strategic review. The company has a current market cap of 511.23 million.

Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) is up 15.78% at $8.07 in midday trading today. TSPT has traded 2.2 million shares so far today, nearly 4 times its daily average.Transcept Pharmaceuticals announced today Purdue’s exercise of option to commercialize Intermezzo in the U.S. The company has a current market cap of 108.44 million.

About Kyle Pinder

Kyle Pinder has has over five years trading and research experience in the large cap space. While still in grad school, Kyle trades daily and keep Active Investor up to date with the latest breaking news coming out of Wall Street and Washington.

Speak Your Mind

*

Real Time Web Analytics