The stock market is continuing its slide today as Moody’s said last week’s Europe deal will not deter it from issuing potential downgrades on some euro zone countries. In afternoon trading the Dow is down 211 points, the Nasdaq is down 45 points and the S&P is down 24 points.
There are stocks doing well today though, here’s a look at five NYSE stocks posting strong gains.
Vulcan Materials Company (NYSE:VMC) is up 16.27% at $39.01 in early afternoon trading. VMC has traded 7.2 million shares so far today, more than 6 times its daily average. Martin Marietta Materials offered a hostile bid of $4.7 billion for Vulcan Materials. Vulcan Materials has a market cap of 5.07 billion.
Dex One Corporation (NYSE:DEXO) is up 9.64% today at $1.5350. DEXO has traded 585 thousand shares so far today and trades 1.1 million shares a day on average. DEXO has been trading in a range between $1.35 and $1.65 over the past week. The company has a market cap of 76.35 million.
Texas Industries Inc. (NYSE:TXI) is up 5.26% in afternoon trading at $30.00. TXI has traded 1.2 million shares so far today and trades 422 thousand shares a day on average. TXI is up today on Vulcan’s news of a hostile bid for their company. Texas Industries has a market cap of 834.75 million.
Sun Life Financial Inc. (NYSE:SLF) is up 4.99% at $18.94 today. SLF has traded 1.8 million shares so far today, more than twice its daily average. Sun Life is up today after the new CEO outlined the company’s growth strategy. The company will close its domestic U.S. variable annuity and individual life products to new sales effective at the end of the year. The company has a market cap of 11.08 billion.
Martha Stewart Living Omnimedia Inc. (NYSE:MSO) is up 7.31% today at $4.70. MSO has traded 555 thousand shares so far today, more than double its daily volume average. MSO is continuing up today following the company’s deal with J.C. Penney last week. The company has a market cap of 260.16 million.