Afternoon Movers: BONT, TEAR, FFN, SQNM, SCEI, ZGNX

Investors at the NYSE

The market is continuing its rally this afternoon and is near its high of the day. Stocks are rallying as investors are optimistic that Greece get past a key hurdle with its private creditors. Commodities are also rallying alongside the market today with gold up about $19 at $1,702.80 and oil is up $0.86 at $107. The Dow is up 88 points, the Nasdaq is 38 points and the S&P 500 is up 15 points.

The Bon-Ton Stores, Inc. (NASDAQ:BONT) is up 18.19% today at $8.15. BONT has traded 1.9 million shares this afternoon, 9 times its average volume. BONT shares are rising for the second straight day today and is up about $3. The company has a market cap of 165.09 million.

TearLab Corporation (NASDAQ:TEAR) is up 21.68% this afternoon at $2.75. TEAR has traded 564 thousand shares so far today, well above its daily average of 108 thousand shares. TearLabs announced yesterday it will present at the 24th Annual ROTH Conference. The company has a market cap of 55.83 million.

FriendFinder Networks Inc. (NASDAQ:FFN) is up 18.97% today at $1.63. FFN has traded 806 thousand shares already today, above its daily average volume of 731 thousand shares. FFN shares are bouncing back today after dipping from around $2.35 late last month. The company has a market cap of 50.57 million.

Sequenom, Inc. (NASDAQ:SQNM) is up 16.39% today at $4.26. SQNM is up on heavy volume today with 9.6 million shares traded, more than 4 times its average volume. SQNM is up today as growing sales of Down Syndrome test boost the company’s revenue. The company has a market cap of 417.23 million.

Sino Clean Energy Inc. (NASDAQ:SCEI) is down 9.26% this afternoon at $2.46. SCEI is down on above average volume today with a little over 1 million shares traded, above its average of 622 thousand shares. SCEI shares have been dipping the past few days after the stock jumped about 100% over the past couple of weeks. The company has a market cap of 57.90 million.

Zogenix, Inc. (NASDAQ:ZGNX) is down 10.04% today at $2.51. ZGNX has traded 887 thousand shares so far today, above its average of 540 thousand shares. Zogenix is expected to announce earnings after market close today. The company has a market cap of 166.22 million.

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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.

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