NYSE Stocks Heading Up In Early Trading: CIE, ALU, FIO, JNPR, PNX, MTW

Cobalt International Energy, Inc. (NYSE:CIE) is up 22.57% today at $12.38. CIE has traded 4.2 million shares so far today, more than 4 times its daily average. CIE shares jumped this morning on news that its evaluating results from the Cameia-1 well. Last month, the compan estimated that it holds at least 1 billion barrels of crude. Cobalt has a market cap of 4.76 billion.

Alcatel-Lucent (NYSE:ALU) is up 13.31% this morning at $1.5750. ALU has traded 11.7 million shares so far today and trades 23.6 million shares a day on average. ALU is rallying alongside the market today. The company has a market cap of 3.54 billion.

Fusion-io, Inc. (NYSE:FIO) is up 10.36% today at $23.86. FIO has traded 1.2 million shares today and trades 1.8 million shares a day on average. FIO was as high as $25 a share last Wednesday before it fell to around $21.50 yesterday. Today, most stocks are heading up as the market rallies following good news from the housing sector. Fusion-io has a market cap of 1.99 billion.

Juniper Networks, Inc. (NYSE:JNPR) is up 10.38% today at $20.03. JNPR has traded 5 million shares so far today and trades 10.7 million shares a day on average. Juniper announced yesterday it is suing Palo Alto Networks over patents. The company has a market cap of 10.56 billion.

Phoenix Companies Inc. (NYSE:PNX) is up 8.99% today at $1.5150. PNX has traded 322 thousand shares so far today and trades 603 thousand shares a day on average. Phoenix Companies has a market cap of 176.68 million.

Manitowoc Co. Inc. (NYSE:MTW) is up 10.66% this morning at $9.24. MTW has traded 1.2 million shares so far today and trades 4.2 million shares a day on average. Manitowoc is following the market up this morning. The company has a market cap of 1.21 billion.

written by

An experienced trader with a background in political science, Marc got his start as an individual trader surfing the old stock message boards. He is always on the lookout for the next big winner.
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