NASDAQ:ARUN

Stocks Jump on Renewed Greek Hopes. Stocks to Watch: IPSU, ARUN, CLWR, AMLN, AEO, AIG, NFLX

Stock FuturesStock futures are sharply higher as the risk-on appetite returns to the street. Investors are optimistic that the Greek debt-swap will go off without a hitch, and that is sending the market higher. The central banks of Europe are scheduled to meet and jobless claims reign over the market this morning.

Dow futures are currently up 85 points to 12,926. Nasdaq 100 futures are up 17.50 to 2,626. The S&P 500 futures are rounding out the pre-market gains, up 11.25 to 1,364.

Jobless claims jumped 8k from last week. The number still remains under the 400k barrier that is a signal for positive labor growth. This shows that the recovery, while taking hold, is rather anemic. If the market was a looking for the catalyst to blow by Dow 13k, this is not it.

Internationally it is all about Greece. A successful auction will give rise to optimism the market desperately needs. Asia also broke their three-day losing streak on the back of the domestic rally yesterday. [Read more...]

Stocks Trading Lower Today: SCON, ARTC, RP, MDRX, ARUN, NVDA

Superconductor Technologies Inc. (NASDAQ:SCON) is down 24.09% today at $0.9489. SCON has traded 2.2 million shares today, well above its average of 91 thousand shares. Superconductor Tech announced an offering of 4.6 million million shares at $1.05 per share. The company has a market cap of 31.36 million.

ArthroCare Corporation (NASDAQ:ARTC) is down 18.95% today at $24.94. ARTC has traded 2 million shares today, 20 times its daily average volume. ArthroCare reported fourth quarter results today and missed on revenue. The company has a market cap of 685.32 million. [Read more...]

Morning Nasdaq Gainers: MENT, ARUN, FMCN, CMED, SIRI

While the Nasdaq is trading sligthly down today, here’s five Nasdaq stocks bucking the downward trend.

Mentor Graphics Corp. (NASDAQ:MENT) is up 7.45% at $12.66 today. MENT announced third quarter results this morning that beat their own forecast. The company remains on track to reach $1 billion in annual sales. Mentor Graphics posted EPS of $0.22 compared to $0.14 a year ago. MENT has traded 1.6 million shares so far today, already above its daily average of 1.1 million shares. The company has a current market cap of 1.35 billion.

Aruba Networks, Inc. (NASDAQ:ARUN) is up 4.18% at $22.70 today. ARUN has traded 3.5 million shares so far today and will have no problem getting past its daily average of 3.8 million shares. ARUN gaped up to $24.24 this morning and has now fallen off that high. The company has a current market cap of 2.41 billion.

Focus Media Holding Ltd. (NASDAQ:FMCN) is up 5.14% at $26.58 today. Focus Media announced third quarter results earlier this morning. The company posted revenue of $210.7 million, well ahead of Wall Street estimates of $186.6 million. FMCN has traded 8 million shares so far today, more than double its daily average. The company has a current market cap of 3.60 billion.

China Medical Technologies Inc. (NASDAQ:CMED) is up 12.99% at $4.35 today. CMED announced second quarter results earlier this morning with net revenue of $37.4 million, an increase of 18.1% from last year. CMED has traded 954 thousand shares so far today, well above its daily average of 256 thousand shares. The company has a current market cap of 115.59 million.

Sirius XM Radio Inc. (NASDAQ:SIRI) is up 3.74% today at $1.8050. SIRI was upgraded this morning by a Lazard Capital analyst as a buy with a price target of $2.25. SIRI has traded 50 million shares so far today and trades 74 million shares daily. The company has a current market cap of 6.75 billion.

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