NASDAQ:FONR

NASDAQ Stocks Rallying This Morning: RCON, FONR, TEAR, PWAV, GALE, ARNA, HGSI

A list of NASDAQ stocksRecon Technology Ltd. (NASDAQ:RCON) is up 10.31% today at $3.21. RCON has traded 295 thousand shares so far today, well above its daily average of 170 thousand shares. RCON shares are rallying today after seeing a pull back over the past few days following its rally from $1 to $4. The company has a market cap of 12.40 million.

Fonar Corporation (NASDAQ:FONR) is up 6.18% this morning at $2.75. FONR has traded 463 thousand shares a day on average, well above its daily average of 134 thousand shares. FONR has rallied more than $0.60 over the past two days. The company has a market cap of 15.68 million. [Read more...]

Stocks Moving Higher Today: FONR, SYNM, LPSN, MDAS, SNSS, EGLE

Stocks continue to be lower right before midday due to a weaker than expected retail sales report. Investors also remain uneasy about the debt crisis in Europe. Retail sales rose 0.4% in January, lower than the 0.7% economists were predicting. In Europe, Moody’s cut the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta. The U.K., France and Austria were put on credit watch negative.

Right now the major indices are down slightly with the Dow down 22 points, the Nasdaq is down 11 points and the S&P 500 is down 4 points.

Fonar Corporation (NASDAQ:FONR) is up 27.84% today at $2.48. FONR has traded 3.1 million shares so far today, way above its daily average of 40 thousand shares so far today. FOR shares are rallying today after reporting fiscal second quarter results. Fonar saw a 33% increase in net income to $1.8 million. Total revenue increased 16% to $9.3 million. The company has a market cap of 14.57 million. [Read more...]

Under $5 Movers: FONR, CAST, NLST, PEIX, CIM

Fonar Corporation (NASDAQ:FONR) is up 21% this morning at $2.08. The company announced first quarter fiscal results this morning with net income increasing 360% to $1.8 million. Total revenue saw an increase of 11% to $9.6 million from $8.7 million in the same quarter last year. FONR has traded 285 thousand shares this morning, well above its daily average of 28 thousand shares. The company has a current market cap of 12.02 million.

ChinaCast Education Corporation (NASDAQ:CAST) is up $0.78 at $4.66, a gain of 20.10%. CAST gaped at open after the company announced it has formed a special committee to consider all strategic alternatives. CAST has traded 470 thousand shares this morning, twice its daily average. The stock has been trading in the range of $3.60 to $4.20 before today’s move. The company has a current market cap of 223.28 million.

Netlist Inc. (NASDAQ:NLST) is up 20.43% at $2.83 this morning. NLST has come off its intraday high of $3.22 it hit shortly after market open. The stock has been trending upward since last Friday. NLST has traded 4.2 million shares this morning, up from its daily average volume of just 111 thousand shares. The company has a current market cap of 68.43 million.

Pacific Ethanol, Inc. (NASDAQ:PEIX) is up $0.12 at $1.13 this morning. PEIX has been in a steady upward trend since late October when it was trading less at less than $0.40. PEIX has traded 7.7 million shares so far today, 2 million more than it usually trades in a whole day. The company has a current market cap of 87.12 million.

Chimera Investment Corporation (NYSE:CIM) is up 8.43% at $2.7650 this morning. CIM has traded 7.7 million shares this morning and looks to surpass its daily average volume of 12.8 million shares. CIM is gaining back some of its losses it suffered on Thursday when it fell from $2.80 to $2.55. The company has a current market cap of 2.85 billion.

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