The broader markets are coming back with a case of the post-holiday blues. While domestic data surprised to the upside, concerns of the EU continue to ramp up. A series of interest rate cuts by the ECB, China and the UK have spooked traders as we head into the weekend. It shows that global economic conditions remain weak and are expected to remain there.
Domestic data, while positive, have little respite for investors. The ADP report surprised to the upside and jobless claims fell to their lowest level in 6 weeks. The NFP report on unemployment is due out tomorrow before the bell. Sign Up For Free Stock Alerts
A quick check of the market has the Dow down 70, the Nasdaq 12 and the S&P 8.
Asure Software, Inc. (NASDAQ:ASUR) is up 31.90% today at $5.54. ASUR has traded 151 thousand shares so far today, well above its daily average of just 9 thousand shares. Asure Software announced today it will buy PeopleCube. The company has a market cap of 27.85 million.
Patriot Coal Corporation (NYSE:PCX) is up 30% this morning at $2.39. PCX has traded 12.5 million shares so far today, 3 million shares more than its daily average. PCX shares have jumped nearly 100% over the past week. The company has a market cap of 212.18 million.
Microvision Inc. (NASDAQ:MVIS) is up 16.98% today at $1.86. MVIS has traded 689 thousand shares so far today and trades 750 thousand shares a day on average. MVIS shares are bouncing back today after the stock has fallen from around $3 to $1.60 over the past month. The company has a market cap of 31.54 million. Sign Up For Free Stock Alerts
James River Coal Co. (NASDAQ:JRCC) is up 12.10% today at $3.52. JRCC has traded 1.5 million shares this morning and trades 2.2 million shares a day on average. JRCC shares have rallied about $0.70 a share over the past few days. The company has a market cap of 116.96 million.
Yelp, Inc. (NYSE:YELP) is up 9.79% this morning at $27.03. YELP has traded 356 thousand shares so far today and trades 667 thousand shares a day on average. YELP shares are up about $5 a share over the past week. The company has a market cap of 1.62 billion.
Netflix, Inc. (NASDAQ:NFLX) is up 9.15% today at $78.62. NFLX has traded 3.7 million shares so far today and trades 4.7 million shares a day on average. NFLX shares are up more than $10 a share over the past week. NFLX shares are rising on news that it now has more views than any cable network. The company has a market cap of 4.31 billion. Sign Up For Free Stock Alerts