Stocks are trading slightly higher today as investors are waiting for news from central banks later this week. Treasury Secretary Timothy Geithner met with Germany’s Finance Minister Wolfgang Schaueble on Monday to discuss the euro zone debt crisis. Geithner is also set to meet with ECB chief Mario Draghi later this week to discuss the area’s economy.
Hot Stocks
Shaw Group Inc. (NYSE:SHAW) is up 57.38% today at $42.01. SHAW has traded 20.4 million shares so far today, 20 times its normal volume. SHAW shares are rallying today on news the company will be acquired by CB&I for about $3 billion. The company has a market cap of 2.77 billion.
Clean Diesel Technologies Inc. (NASDAQ:CDTI) is up 33.33% this morning at $2.80. CDTI is up on heavy volume today with 2.1 million shares traded, way above its daily average of 91 thousand shares. Clean Diesel announced today it has started supplying catalysts for next generation Honda Accord models. The company has a market cap of 20.79 million.
ATP Oil & Gas Corp. (NASDAQ:ATPG) is up 19.28% today at $1.66. ATPG has traded 2.2 million shares so far today and trades 2.5 million shares a day on average. ATPG shares are bouncing today after the stock fell from $4 over the past month. The company has a market cap of 86.25 million.
Sarepta Therapeutics, Inc. (NASDAQ:SRPT) is up 13.35% this morning at $9.59. SRPT has traded 1.6 million shares so far today, three times its daily average. SRPT shares are up $2 a share over the past few days. The company has a market cap of 215.82 million.
Green Dot Corporation (NYSE:GDOT) is up 7.34% this morning at $9.72. GDOT has traded 2.5 million shares so far today, well above its daily average of 754 thousand shares. GDOT shares are up slightly today after tanking late last week on disappointing earnings. The company has a market cap of 350.66 million.
Netlist Inc. (NASDAQ:NLST) is up 5.59% today at $1.89. NLST has traded 364 thousand shares so far today, well above its daily average of 205 thousand shares. NLST shares have rallied nearly $0.50 a share over the past week. The company has a market cap of 53.86 million.