NASDAQ:SNTA

Hot Stocks to Watch: KGJI, AMPE, STZ, SWHC, SNTA, VCLK

Wall Street signStocks are rallying across the board this morning with the Dow up more than 200 points after a surprising agreement by EU leaders to help the region’s struggling banks. The major stock indexes are up as much as 2% this morning. European leaders agreed to using euro area rescue funds to stabilize bond markets. This agreement will not force countries to implement additional austerity measures or economic reforms in order to receive aid. Sign Up For Free Stock Alerts

Expectations from the summit were extremely low so while this news is good, a rally was going to happen with even the smallest bit of good news. News closer to home was disappointing as consumer sentiment fell to 73.2 in June, nearly a point lower than what analysts were expecting.

The Dow is currently up 205 points, the Nasdaq is up 59 points and the S&P 500 is up 24 points. [Read more...]

Nasdaq Losers This Afternoon: ANTH, SNTA, GEVO, VRTX, ARNA, SUPN

NasdaqAnthera Pharmaceuticals, Inc. (NASDAQ:ANTH) is down 69.17% today at $0.85. ANTH has traded 15.2 million shares so far today, way above its average volume of 538 thousand shares. ANTH shares are plummeting today after Lupus drug fails to meet endpoints. The company has a market cap of 34.72 million. Sign Up For Free Stock Alerts

Synta Pharmaceuticals Corp. (NASDAQ:SNTA) is down 33.79% today at $4.80. SNTA has traded 3.05 million shares so far today, well above its daily average of 594 thousand shares. SNTA shares are falling today after the company announced results of lung cancer study. The company has a market cap of 281.16 million. [Read more...]

Hot Stocks to Watch: LEE, OVRL, ALXA, AMRS, SNTA, STZ

Wall Street signInvestors are moving out of their positions today as worries over the European debt crisis and economic data in the U.S. continue. There is a lot of uncertainty right now in the markets with Europe being one of the main flashpoints. Investors are also awaiting the U.S. Supreme Court decision on President Obama’s healthcare plan. Sign Up For Free Stock Alerts

All eyes will be on a summit between European leaders later this week as they meet to discuss policy responses to the credit crisis. Most investors and analysts are tired of ‘discussing’ and want to see real action.

About an hour after the opening bell the Dow is down 154 points, the Nasdaq is down 50 points and the S&P 500 is down 20 points. [Read more...]

Negative Stocks This Morning: DRRX, SNTA, SPRD, MOTR, FDO, BPZ

Durect Corporation (NASDAQ:DRRX) is down 33.90% in early trading at $0.78. DRRX has traded 2.1 million shares today, well above its daily average of 374 thousand shares. DRRX shares are sinking today after pain drug fails trials. The company has a market cap of 65.58 million.

Synta Pharmaceuticals Corp. (NASDAQ:SNTA) is down 14.49% today at $4.40. SNTA has traded 1.9 million shares this morning, nearly 20 times its daily average volume. SNTA shares are down today after the company priced a 7 million share stock offering at $4.40 a share. The company has a market cap of 217.41 million.

Spreadtrum Communications Inc. (NASDAQ:SPRD) is down 11.99% this morning at $16.95. SPRD has traded 2.6 million shares today, more than a million shares higher than its daily average. The company has a market cap of 796.77 million.

Motricity, Inc. (NASDAQ:MOTR) is down 9.92% today at $0.9098. MOTR has traded 585 thousand shares so far today and trades 820 thousand shares a day on average. MOTR was as high as $1.10 on Tuesday. The company has a market cap of 41.75 million.

Family Dollar Stores, Inc. (NYSE:FDO) is down 6.87% in early trading at $53.98. FDO has traded 2.2 million shares today after the company announced fiscal first quarter sales and gross margins fell short of Wall Street expectations. The company has a market cap of 6.33 billion.

BPZ Resources, Inc. (NYSE:BPZ) is down 3.05% right now at $2.86. BPZ has traded 800 thousand shares this morning and trades 1.6 million shares a day on average. BPZ shares are down more than $0.20 since Wednesday. The company has a market cap of 327.90 million.

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