Hot Stocks to Watch: IRIS, REGI, ROYL, BPAX, JAZZ, SVNT

Wall Street signStocks are closing the day down about one third of a percent across the board as investors take a breather following last week’s unlimited QE announcement. Many traders were buzzing about oil earlier today after it fell $4 very quickly. Speculation ranged from technical issues to rumors that the White House was planning to release some from its reserves.

The Dow is down about 45 points heading into the close, the Nasdaq fell 6 points and the S&P 500 is down 5 points.

Hot Stocks

IRIS International Inc. (NASDAQ:IRIS) is up 45.60% today at $19.54. IRIS has traded 4.4 million shares today, way above its daily average of 44 thousand shares. IRIS shares rallied today after being acquired by Danaher for $355 million. The company has a market cap of 341.02 million.

Renewable Energy Group, Inc. (NASDAQ:REGI) is down 6.44% today at $7.73. REGI has traded 1.7 million shares so far today, well above its daily average of 86 thousand shares. REGI shares shot up today after new EPA bio-diesel rules. The company has a market cap of 236.88 million.

Royale Energy Inc. (NASDAQ:ROYL) is up 27.89% today at $3.76. ROYL has traded 1.05 million shares today, more than 10 times its average volume. ROYL shares have jumped more than 60% in the past three days. The company has a market cap of 41.38 million.

BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) is up 22.22% today at $1.87. BPAX traded 3.6 million shares today, 5 times its normal volume. BPAX shares are up nearly 40% over the past five trading days. The company has a market cap of 40.47 million.

Jazz Pharmaceuticals plc (NASDAQ:JAZZ) jumped 14.90% today at $55.29. JAZZ traded heavy volume today with 4.2 million shares traded, well above its average volume of 700 thousand shares. JAZZ shares went higher today after judge rules in favor of company in patent case. The company has a market cap of 3.18 billion.

Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) went up 14.13% today at $2.10. SVNT traded 6.8 million shares today, 3 times its daily average of 2.8 million shares. SVNT shares are up close to 40% over the past week. The company has a market cap of 148.16 million.

About Danny Fisher

Danny is the old hat at Active Investor. One of the been around the block a few times traders, his main focus is on overall market conditions. Be it some new merger talk or Washington being Washington, you can expect Danny will be on top of it.

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