Stocks Fall Big on Stock Market Today: SNSS, UVXY, MWW, AEZS, KERX, BVSN

Wall StreetStocks are taking a licking today as Greek fears sends the Dow down more than 200 points. Greece is just one of many worries investors are facing right now including slower growth in China and in Europe. Even gold, which is seen as a flight to safety, is getting hit hard today. Oil prices are also dropping today and are currently around $105/barrel, down from nearly $110 last week.

There are some positive stocks in the stock market, but they are few and far between. Let’s take a quick look at some of the more active stocks today.

Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) is up 17.65% this afternoon at $2.40. Analysts coverage was initiated today on SNSS by Canaccord Genuity and has a buy rating right now. Volume is well above average today with over 1.8 million shares traded, the stock trades about 156 thousand shares a day on average. The company has a market cap of 113.51 million. [Read more...]

Hot Stocks This Morning: KERX, TSON, ARCL, AEZS, SCEI, ZGNX

list of nasdaq stocksStocks are trading lower this morning as investors fear a global economic slowdown. Weak economic data from around the world is sending the market down today. China lowered their official GDP forecast for 2012 from 8% to 7.5%. PMI data in Italy and Spain came in short of expectations. There is some strength today though as U.S. ISM and factory data both were above expectations.

The market wide sell off is quickening in mid morning trading as the Dow is down 73 points, the Nasdaq is down 27 points and the S&P 500 is down 8 points.

Keryx Biopharmaceuticals, Inc. (NASDAQ:KERX) is up 24.03% this morning at $4.5890. KERX has traded 11.3 million shares so far today, 11 times its average volume. KERX shares are up more than $1.40 a share over the past five trading days. The company has a market cap of 326.70 million. [Read more...]

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