Stocks are trading higher today thanks to reports that central banks around the world were ready for coordinated action following this weekend’s elections in Greece. These reports overshadowed continued weak economic data in the U.S. with consumer confidence dipping to a 6 month low and manufacturing in New York falling. Sign Up For Free Stock Alerts
Moody’s cut its rating on 11 European banks and warned more downgrades will occur if Greece leaves the euro.
The Dow is currently up 66 points, the Nasdaq is up 18 points and the S&P 500 is up 7 points.
Hot Stocks
BroadVision, Inc. (NASDAQ:BVSN) is up 18.37% today at $11.73. BVSN has traded 609 thousand shares so far today, more than double its average volume. BVSN shares have rallied about $2 a share over the past two days. The company has a market cap of 55.87 million.
ATP Oil & Gas Corp. (NASDAQ:ATPG) is up 11.66% today at $4.5050. ATPG has traded 1.4 million shares so far today and trades 1.6 million shares a day on average. ATPG shares are bouncing today after the stock fell more than $1 a share this week. The company has a market cap of 230.02 million.
AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is up 11.64% this morning at $12.36. ASIA has traded 546 thousand shares so far today, 200 thousand shares more than its daily average. ASIA shares spiked in early trading today after reports that private equity funds are eying the company. The company has a market cap of 907.35 million.
BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) is up 10.30% today at $2.57. BPAX has traded 1.3 million shares so far today, nearly 3 times its daily average. BPAX shares are have rallied as much as $0.80 a share over the past two days. The company has a market cap of 52.53 million. Sign Up For Free Stock Alerts
Trina Solar Limited (NYSE:TSL) is up 8.11% today at $6.53. TSL has traded 1.3 million shares so far today and trades 2.5 million shares a day on average. TSL shares are bouncing some today after the stock dipped about $0.80 a share on Wednesday and Thursday. The company has a market cap of 465.02 million.
Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) is up 7.30% today at $1.91. KERX has traded more than 2 million shares so far today and trades 3.5 million shares a day on average. KERX shares are up $0.20 a share over the past few days. The company has a market cap of 136.24 million.
About Kyle Pinder
