Hot Stocks to Watch: KERX, DMD, AONE, AMRN, ZAGG, MDRX

Wall Street signThe broader market is mostly negative today after two economic data points released. The Chicago PMI hit a 29-month low and consumers reined in spending in March after a sizable jump in February. If the losses hold, the major indices could be heading for an overall monthly loss.

Internationally, pressure in building on Spain after they officially entered into a recession. This was in addition to the S&P downgrade of the the country’s sovereign debt rating. Investors should get used to hearing about Europe again. French elections are just around the corner and could put pressure on on the ECB/EU rescue pacts.

Currently the Dow is off 38 points, near its session low. The Nasdaq and S&P are both edging lower, down 20 and 8 points respectively. [Read more...]

NASDAQ Stocks Tumbling in Early Trading: MDRX, MXWL, ITMN, SIMO, HMSY, DGII

Nasdaq StocksAllscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) is down 43.32% this morning at $9.08. MDRX has traded 46.5 million shares so far today, well above its daily average of 3 million shares a day. Allscripts stock is falling on weak earnings and outlook. The company also announced the resignation of its CFO, three directors and its board chairman. The company has a market cap of 1.74 billion.

Maxwell Technologies Inc. (NASDAQ:MWXL) is down 41.21% in early trading at $9.28. MWXL has traded 2.6 million shares so far today, well above its daily average of 215 thousand shares a day on average. Maxwell stock was downgraded today by Canaccord Genuity after the stock announced weak quarterly results yesterday. The company has a market cap of 261.26 million. [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...]

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