NYSE Stocks Posting Strong Gains Early: AG, HDY, FDX, DEXO, COV, DAL

First Majestic Silver Corp. (NYSE:AG) is up 9.30% at $15.99 in early trading. AG has traded 2 million shares so far today, double its daily average. AG is bouncing today after falling about $2 a share since Monday. First Majestic Silver has a market cap of 1.66 billion.

Hyperdynamics Corpoation (NYSE:HDY) is up 8.33% this morning at $2.34. HDY has traded 1.6 million shares so far today and trades 2.9 million shares a day on average. HDY is bouncing back today after dipping from 2.80 to $2.20 yesterday. The company has a market cap of 362.95 million.

FedEx Corporation (NYSE:FDX) is up 5.07% in early trading at $81.21. FDX has traded 3.1 million shares so far today, 200 thousand shares more than its daily average. FedEx reported better than expected second quarter earnings with an EPS of $1.57, compared to $0.89 in the same period last year. The company also announced a plane order of 27 Boeing 767 aircraft. FedEx has a market cap of 25.74 billion.

Dex One Corporation (NYSE:DEXO) is up 5.04% this morning at $1.46. DEXO has traded 1.1 million shares so far today and trades 1.2 million shares a day on average. DEXO has been whipsawing all week with strong intraday moves each day. Dex One has a market cap of 74.85 million.

Covidien Plc. (NYSE:COV) is up 4.08% this morning at $43.87. COV has traded 2.5 million shares so far today and trades 3.8 million shares a day on average. Covidien announced this morning they will be spinning off its pharma business. The company has a market cap of 21.19 billion.

Delta Air Lines Inc. (NYSE:DAL) is up 5.52% at $8.60 in early trading. DAL has traded 4.9 million shares so far today and trades 12.3 million shares daily. DAL is bouncing back after falling $0.60 on Tuesday. Delta Air Lines has a market cap of 7.23 billion.

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Danny is the old hat at Active Investor. One of the been around the block a few times traders, his main focus is on overall market conditions. Be it some new merger talk or Washington being Washington, you can expect Danny will be on top of it.
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