Stocks are trading mixed this morning as consumer confidence dips. A reading measuring consumer expectations dipped for the fourth straight month and has hit its lowest point since November.
The housing market saw another piece of good news with the S&P/Case Shiller home price index indicating that April was the third month in a row that home prices increased. Sign Up For Free Stock Alerts
Europe continues to be a concern as Cyprus joins the bandwagon for countries needing a bailout. Investors will also be keeping a close eye on the situation between Turkey and Syria after Syria downed a Turkish military jet.
A quick look at the markets shows the Dow down 15 points, the Nasdaq up 6 points and the S&P 500 up 1 point.
Hot Stocks
Supernus Pharmaceuticals, Inc. (NASDAQ:SUPN) is up 141.37% this morning at $13.79. SUPN has traded 1.8 million shares so far today, way above its daily average 67 thousand shares. SUPN shares are rallying today after the company receives tentative approval of Trokendi XR from the FDA. The company has a market cap of 326.23 million.
Southern Community Financial Corp. (NASDAQ:SCMF) is up 12.36% today at $3.00. SCMF has traded 715 thousand shares so far today, 20 times its daily average. SCMF shares are up this morning after Capital Bank raises bid for the company. The company has a market cap of 50.75 million.
Rosetta Genomics, Ltd. (NASDAQ:ROSG) is up 10.98% today at $13.04. ROSG has traded 1.1 million shares so far today, 100 thousand shares more than its daily average. ROSG shares are up today after announcing New York State approval for miRview lung.
Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) is up 10.52% today at $3.1720. ANTH has traded 348 thousand shares so far today and trades 520 thousand shares a day on average. ANTH shares are up more than 20% over the previous five days. The company has a market cap of 128.17 million.
Apollo Group Inc. (NASDAQ:APOL) is up 7.33% today at $34.85. APOL has traded 4.9 million shares so far today, double its daily average. APOL shares are up today thanks to a strong earnings report. The company has a market cap of 4.22 billion. Sign Up For Free Stock Alerts
Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) is up 9.23% this morning at $2.13. LXRX has traded 1.6 million shares so far today, nearly 3 times its daily average. LXRX shares are up on diabetes drug results. The company has a market cap of 1.00 billion.
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