Earnings beats are driving the market higher today. Releases by Microsoft and GE are leading the charge for the Dow. Investors are also watching the French elections closely along with the IMF meetings slated for this weekend.
Currently the Dow is up 104, the Nasdaq 20 and the S&P is adding 9.
SGOCO Group, Ltd. (NASDAQ:SGOC) is up 46.85% today at $1.88. SGOC has traded 500 thousand shares so far today, way above its daily average of 65 thousand shares. The company has a market cap of 29.66 million.
SkyPeople Fruit Juice, Inc. (NASDAQ:SPU) is up 17.41% in early trading at $1.8199. SPU has traded 916 thousand shares today, way above its daily average of 60 thousand shares. SkyPeople Fruit Juice provided supplementary information of its fiscal year end 2011 cash balances. The company has a market cap of 47.53 million.
Hanesbrands Inc. (NYSE:HBI) is up 9.87% this morning at $29.85. HBI has traded 1.4 million shares so far today and trades 1.1 million shares a day on average. HBI shares are up today after posting a loss smaller than expected. The company has a market cap of 2.88 billion.
Hercules Offshore, Inc. (NASDAQ:HERO) is up 8.28% today at $4.83. HERO has traded 2.7 million shares today and averages 4.3 million shares a day. HERO shares have rallied close to $0.60 in the past two days. The company has a market cap of 668 million.
Sequenom Inc. (NASDAQ:SQNM) is up 7.07% this morning at $5.0110. SQNM has traded 3.4 million shares so far today, 300 thousand shares more than its daily average. SQNM shares have rallied $0.80 a share in the past two days. The company has a market cap of 582.99 million.
Great Wolf Resorts, Inc. (NASDAQ:WOLF) is up 7.81% today at $8.00. WOLF has traded 848 thousand shares this morning, above its daily average of 594 thousand shares a day on average. WOLF shares are up today as the bidding war for the company continues. The company has a market cap of 252.16 million.
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