The never-ending EU saga is back in the limelight today as leaders meet at a summit to devise yet another plan to resolve the crisis. French President Hollande pushed Euro bonds to which Merkel refused to entertain the idea. With new Greek elections fast approaching, the endgame for Greece in the EU could be right around the corner.
Mix in the Facebook debacle and disappointing Dell results and you have all the trappings of a bearish market. Currently the Dow is off its session lows, down 146. The Nasdaq and S&P are both negative, down 30 and 14 respectively. Sign Up For Free Alerts
Hot Stocks
Rosetta Genomics, Ltd. (NASDAQ:ROSG) is up 16.11% today at $8.63. ROSG has traded 1.3 million shares so far today, 4 times its daily average volume. ROSG shares are up more than 100% over the past few days.
PetSmart, Inc. (NASDAQ:PETM) is up 10.46% today at $61.44. PETM has traded 2.5 million shares this morning, double its daily average. PETM shares are up today as first quarter earnings increased more than 30% thanks to stronger same store sales and improved margins. The company has a market cap of 6.76 billion. Sign Up For Free Alerts
MELA Sciences, Inc. (NASDAQ:MELA) is up 14.80% today at $2.87. MELA has traded 929 thousand shares so far today, 3 times its daily average volume. MELA shares hit an intraday high of $3.12 earlier this morning before settling back down around $2.90. The company has a market cap of 84.90 million.
Movado Group, Inc. (NYSE:MOV) is up 9.21% this morning at $28.33. MOV has traded 547 thousand shares so far today, double its daily average. MOV shares are up more than $2 today after the company said its first quarter was strong and raised its full year forecast. The company has a market cap of 705.95 million.
Amyris, Inc. (NASDAQ:AMRS) is up 7.51% this morning at $2.29. AMRS has traded 541 thousand shares so far today and trades 556 thousand shares a day on average. AMRS shares are up about $0.70 a share this week. The company has a market cap of 129.53 million.
Compuware Corporation (NASDAQ:CPWR) is up 8.76% today at $9.23. CPWR has traded 2.01 million shares so far today, 400 thousand shares more than its daily average. CPWR stock is rising today on better than expected fourth quarter revenue and good guidance. The company has a market cap of 2 billion.
Patriot Coal Corporation (NYSE:PCX) is up 5.50% this morning at $2.30. PCX has traded 9.3 million shares so far today, well above its daily average of 8.7 million shares. PCX shares fell more than 50% yesterday on reports it may be planning to restructure. Fast forward to today and the company announced it is working with Blackstone Group on refinancing. The company has a market cap of 211.26 million. Sign Up For Free Alerts
About Martin Stephenson
