NASDAQ:REGN

Greek Deal Buoys Futures. Stocks to Watch REGN, NBG, ZNGA, NFLX, AAPL, CZR, TSL

February 13, 2012 By Leave a Comment

Over the weekend, the Greek cabinet and parliament approved the bailout deal that paves the way for the second round of funds to the struggling country. Instead of fireworks celebrating the deal, the Greek citizenry turned towards Molotov cocktails to voice their displeasure with the austerity cuts. Maybe one day the EU and IMF will figure out you cannot decimate your populace to growth.

The Dow futures are responding positively to the Greek news, up 85 points to 12,852. Nasdaq 100 futures are following suit, up 17.50 points to 2,556. The S&P 500 is rounding out the pre-market gains, adding 9.50 points to 1,350.

If the Greek deal sounds bit like deja vu, it is cause you have seen this movie before. The Greek government passes a bill that promises the moon, citizens go into the street to riot, and then the Greek government misses nearly all their economic targets laid out in the deal. Regardless, the market is set to continue its rally as the deal will work to calm the markets for a short period. [Read more...]

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Positive Stocks This Morning: VOXX, LULU, ARNA, REGN, SCEI, ELX, YOKU

January 10, 2012 By Leave a Comment

VOXX International Corporation (NASDAQ:VOXX) is up 26.69% this morning at $11.44. VOXX has traded 229 thousand shares so far this morning, well above its daily average of 92 thousand shares. VOXX shares are up today after the company announced third quarter results late yesterday. Sales were up 26.7% in the third quarter. The company has a market cap of 264.42 million. Sign Up For Our Free Weekly Newsletter

Lululemon Athletica Inc. (NASDAQ:LULU) is up 16.28% today at $62.16. LULU has traded 6.2 million shares so far today, three times its daily average. LULU shares are rising today after the company raised its fourth-quarter outlook. The company has a market cap of 8.88 billion.

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is up 11.84% in early trading at $1.7950. ARNA has traded 2.8 million shares so far today, close to triple its daily average. ARNA shares are up today after the FDA accepts resubmission of Lorcaserin new drug application. The company has a market cap of 268.68 million.

Regenron Pharmaceuticals, Inc. (NASDAQ:REGN) is up 11.71% this morning at $73.11. REGN has traded 2.3 million shares today, 1 million shares more than its daily average. REGN saw fourth quarter Eylea net sales of $24-25 million. The company has a market cap of 6.62 billion.

Sino Clean Energy Inc. (NASDAQ:SCEI) is up 6.31% in early trading at $1.18. SCEI has traded 245 thousand shares so far today. SCEI shares are bouncing back a little bit today after selling off about $0.05 yesterday. The company has a market cap of 27.80 million.

Emulex Corporation (NYSE:ELX) is up 13.40% today at $8.38. ELX has traded 1.2 million shares this morning, already above its daily average volume. ELX shares are up today after second quarter beat Wall Street expectations. The company has a market cap fo 700.13 million.

Youku Inc. (NYSE:YOKU) is up 9.44% this morning at $17.04. YOKU has traded 966 thousand shares so far today and trades 2.6 million shares a day on average. YOKU shares are rallying today after losing about $1 a share last Friday and yesterday. The company has a market cap of 1.93 billion.

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Stocks Trending Higher In Early Trading: REE, XIDE, ZGNX, AVL, REGN, OZM, BKS

January 6, 2012 By Leave a Comment

Rare Element Resources Ltd. (AMEX:REE) is up 17.63% this morning at $5.67. REE has traded 1.8 million shares today, more than twice its daily average. REE is up more than $2 a share since last Friday. REE has been rallying hard since Wednesday after they reported 38% increase in rare earth resources at Bear Lodge. The company has a market cap of 246.89 million.

Exide Technologies (NASDAQ:XIDE) is up 11.39% at $3.13 today. XIDE has traded 802 thousand shares so far today and trades just over a million shares a day on average. The company has a market cap of 243.74 million.

Zogenix, Inc. (NASDAQ:ZNGX) is up 10.23% in early trading at $2.91. ZGNX has traded 443 thousand shares already today, 100 thousand shares more than its daily average. ZGNX is up 0.60 a share this week. The company has a market cap of 188.84 million.

Avalon Rare Metals Inc. (AMEX:AVL) is up 7.66% today at $2.81. AVL has traded 632 thousand shares so far today and trades 872 thousand shares on average. The company has a market cap of 291.10 million.

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is up 6.20% this morning at $64.72. REGN has traded 604 thousand shares today and trades 1.2 million shares a day on average. REGN shares are up today after being upgraded to buy form hold by Jefferies. The company has a market cap of 5.90 billion.

Och-Ziff Capital Management Group LLC (NYSE:OZM) is up 5.56% today at $8.92. OZM has traded 755 thousand shares so far today and trades 1.7 million shares a day on average. The company has a market cap of 890.91 million.

Barnes & Noble, Inc. (NYSE:BKS) is up 3.83% this morning at $11.66. BKS is up on large volume today with 2.3 million shares traded, about a million more shares than it trades on average. BKS shares are up today after the company said yesterday that sales of Nook devices during the last nine weeks of the year were up 70% compared to the same period last year. The company has a market cap of 677.03 million.

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Nasdaq Movers Amid Down Market: GEDU, VRUS, INHX, CLWR, REGN

November 21, 2011 By Leave a Comment

The markets are getting crushed this morning as European debt concerns continue. The super committee also failed to get a deal done as well causing even more uncertainty in the markets. The major indexes are down more than 2.5% with the Dow is down 311 points, the Nasdaq is down 68 points and the S&P is down 30 points. Let’s take a look at a handful of Nasdaq stocks posting strong gains amidst the down market.

Global Education & Technology Group Limited (NASDAQ:GEDU) is up 96% at $10.55. Pearson Plc. has agreed to buy Global Education & Technology Group for $115 million in cash. The offer values the company at $294 million. GEDU has traded 1.9 million shares so far this morning, well above its daily average of 47 thousand shares. The company has a current market cap of 273.49 million.

Pharmasset, Inc. (NASDAQ:VRUS) is up 84% at $134.35 this morning. Gilead Sciences, Inc. (NASDAQ:GILD) announced it will buy Pharmasset for $11 billion. VRUS has traded 15.7 million shares so far today, 15 times its daily average. The company has a current market cap of $10.16 billion.

Inhibitex, Inc. (NASDAQ:INHX) is up 21.95% at $10.88 in early trading. INHX has traded 7.1 million shares today, well above its daily average of 1.4 million shares. INHX is up today after after news that Gilead bought Pharmasset. INHX also develops hepatitis C treatments. The company has a current market cap of 837.73 million.

Clearwire Corporation (NASDAQ:CLWR) is up 8.5% at $1.5950. Clearwire has traded 3.5 million shares so far today and trades 7.7 million shares on average. CLWR is bouncing back today after falling $0.40 on Friday. The company has a current market cap of 399.53 million.

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) is up 9.96% at $54.79 this morning. REGN has traded 2.3 million shares, double its daily average of 1.3 million shares. Regeneron won FDA approval on Saturday for macular degeneration drug. The company has a current market cap of 5.05 billion.

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