Nasdaq Stocks Struggling This Morning: ARQL, JASO, SCHN, FSLR, SZYM, GRVY

NASDAQ Screen at Times SquareArQule Inc. (NASDAQ:ARQL) is down 22.26% this morning at $5.2085. ARQL has traded 2.5 million shares so far today, well above its daily average of 382 thousand shares. ARQL shares are down today on lung cancer drug safety concerns. The company has a market cap of 323.85 million.

JA Solar Holdings Co., Ltd. (NASDAQ:JASO) is down 9.40% today at $0.9694. JASO has traded 2.3 million shares so far today, nearly a million more than its daily average volume. JASO shares are tumbling today after a weak second quarter and lower guidance. The company has a market cap of 188.45 million. [Read more...]

NASDAQ Stocks Rallying in Early Trading: VRNM, SIGA, GRVY, DARA, UBNT, ZGNX

Nasdaq StocksThe Nasdaq is pushing higher this morning thanks to comments from Fed Chairman Ben Bernanke. His latest speech on the economy continued to reiterate low interest rates and some analysts believe his lack of not ruling out another round of QE means there could be one.

Analysts think Bernanke’s latest comments build even more confidence in the latest rally knowing that the Fed will do everything in their power to make sure a repeat of 2008 doesn’t happen.

Bernanke did point out that the economy needs to grow more quickly to produce enough jobs to lower the unemployment rate. He added that the current rate of 8.3% seems “somewhat out of sync” with economic growth.

The Nasdaq is currently up more than 1% at 3,102.34. [Read more...]

Afternoon Movers as Stocks Remain Mixed

Stocks are mixed in midday trading today as mixed data on the U.S. economy and news of a delay on Greece’s bailout give investors pause. Homebuilder sentiment rose this month, but U.S. industrial production was flat. Economists were expecting industrial production increase 0.7%. The Dow is getting hit hardest today as it drops 76 points. The Nasdaq is being propped up by tech stocks today and is up 3 points. Finally, the S&P 500 is down slightly at 2 points.

Cybex International, Inc. (NASDAQ:CYBI) is up 26.32% in afternoon trading at $1.92. CYBI has traded 541 thousand shares so far today, well above its daily average of 51 thousand shares. Cybex reported fourth quarter results earlier today. Net sales for the fourth quarter were $43.1 million, up $3 million from the same period a year ago. Cybex reported net income of $34.7 million, or $2.03 per diluted share. [Read more...]

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