Hot Stocks to Watch: NINE, NPSP, GLUU, SCMR, JBHT, MMR

Ninetowns Internet Technology Group Company Limited (NASDAQ:NINE) is up 73.22% today at $1.8708. NINE has traded 301 thousand shares this morning, way above its daily average of 2 thousand shares. Ninetowns announced this morning it received a going private proposal between $1.80 – 2.00 a share in cash. The company has a market cap of 71.32 million.

NPS Pharmaceuticals, Inc. (NASDAQ:NPSP) is up 14.57% this morning at $10.46. NPSP has traded 3.9 million shares so far today, 4 times its daily average. NPSP shares are up today after a FDA panel was “in general agreement” with NPS on its short bowel drug. The company has a market cap of 916.98 million. [Read more...]

Hot Stocks to Watch: HNR, ALXA, BMTI, NPSP, FSLR, GALE

Wall Street signStocks bounce today despite downgrades to major banks. Moody’s Investor service downgraded 15 of the world’s largest banks on Thursday. These downgrades have been expected for months after Moody’s placed the banks on its watch list with a negative outlook. Sign Up For Free Stock Alerts

There was some positive news out of Europe today as the ECB relaxed some its lending rules, specifically what it would accept as collateral.

A quick look at the market this morning shows the Dow up 40 points, the Nasdaq up 9 points and the S&P 500 up 3 points. [Read more...]

NASDAQ Stocks Trading in the Red: ATPG, PRGS, NPSP, EGLE, MVIS, CEDC

NasdaqATP Oil & Gas Corp. (NASDAQ:ATPG) is down 14.21% this morning at $5.01. ATPG has traded 3.2 million shares so far today, more than double its daily average volume. Chief executive, Matt McCarroll, resigned from the company after joining on June 1. McCarroll leaves after ATP failed “to reach a mutually agreeable employment agreement.” The company has a market cap of 259.03 million. Sign Up For Free Stock Alerts

Progress Software Corp. (NASDAQ:PRGS) is down 11.78% today at $17.90. PRGS has traded 594 thousand shares so far today, well above its daily average of 332 thousand shares a day on average. PRGS shares are struggling today as it cuts fiscal year second quarter outlook. The company has a market cap of 1.13 billion. [Read more...]

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