Stocks are trying to make a recovery in afternoon trading after economic data sent the market down early. Europe will continue to be an issue for the rest of the week as everyone waits for a deal between Greece and its creditors to actually get done. We’ve been hearing about how its close for over a week now. The Dow is losing about 50 points and the Nasdaq and S&P are both off about 4 points.
Parexel International Corporation (NASDAQ:PRXL) is up 18.91% today at $24.33. PRXL has traded nearly 2 million shares today, about 5 time its daily average volume. PRXL shares are rallying today following their fiscal second quarter results and an analyst upgrade by BB&T Capital. The company has a market cap of 1.44 billion. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?
ZAGG Inc. (NASDAQ:ZAGG) is up 10.56% today at $9.85. ZAGG has traded 1.5 million shares so far today, 400 thousand shares more than its daily average. ZAGG shares are rallying today after hitting a low of $8.5 on Monday. The company has a market cap of 292.29 million.
Array BioPharma Inc. (NASDAQ:ARRY) is up 11.67% in afternoon trading at $2.68. ARRY has traded 792 thousand shares right now, more than double its average. ARRY shares are up today after the company announced fiscal second quarter results yesterday. The company beat expectations on revenue and beat EPS by $0.06. The company has a market cap of 157.70 million.
Polypore International Inc. (NYSE:PPO) is down 25.08% today at $40.70. PPO is down on heavy volume with 10 million shares traded this afternoon. PPO shares were downgraded to underperform from buy earlier today by DA Davidson. The company has a market cap of 1.88 billion. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?
Rex Energy Corporation (NASDAQ:REXX) is down 10.65% today at $9.48. REXX has traded 1.8 million shares so far today, well above its daily average of 963 thousand shares. REXX shares are tanking today after the company said it would offer 7 million shares to raise money to pay off debt. The company has a market cap of 421.79 million.
Meritage Homes Corporation (NYSE:MTH) is down 11.56% in afternoon trading at $24.02. MTH has traded 1.7 million shares today, above its daily average of 456 thousand shares. MTH shares fell today after the company saw fourth quarter loss widen. The company has a market cap of 778.39 million.
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