NASDAQ:TEAR

Afternoon Movers: BONT, TEAR, FFN, SQNM, SCEI, ZGNX

Investors at the NYSEThe market is continuing its rally this afternoon and is near its high of the day. Stocks are rallying as investors are optimistic that Greece get past a key hurdle with its private creditors. Commodities are also rallying alongside the market today with gold up about $19 at $1,702.80 and oil is up $0.86 at $107. The Dow is up 88 points, the Nasdaq is 38 points and the S&P 500 is up 15 points.

The Bon-Ton Stores, Inc. (NASDAQ:BONT) is up 18.19% today at $8.15. BONT has traded 1.9 million shares this afternoon, 9 times its average volume. BONT shares are rising for the second straight day today and is up about $3. The company has a market cap of 165.09 million. [Read more...]

Active Penny Stocks to Watch for March 8

penny stocksThe markets rebounded today on the back of positive payroll data. The ADP report came out saying there was an increase of over 260l jobs in February. What the translates to the unemployment rate will be revealed on Friday. The rally domestically is having a carryover effect in Asia. Asian markets are all advancing on the back of the US rally along with optimism over the Greek debt-swap. It remains to be seen if this will give the markets some clear direction in which way to head.

Penny Stocks to Watch

Discovery Laboratories, Inc. (NASDAQ:DSCO) closed the day up 8.80% today at $4.08. DSCO traded 25.8 million shares today, well above its daily average of about 1 million shares. DSCO shares rallied today after the company’s drug, Surfaxin, was approved by the FDA. The company has a market cap of 99.96 million. [Read more...]

Market Continues Negative, Midday Movers: TEAR, GALE, WPX, PPO, YELP, LCC

Wall StreetStocks continue to trade in negative territory today as worst than expected economic data from Europe and China weights on investors. China cut its 2012 growth target to 7.5% as the country. Chinese Premiere Wen Jiabao said the country hopes to reach this new target by using prudent monetary policies to fight pressure to its growth and high inflation. Investors continue to worry about a Greek default. Last week, Moody’s downgraded Greece to the lowest bond rating.

In the U.S., economic news continues to be positive. The ISM index for February hit 57.3, beating economists’ expectations of 56.1. Positive news closer to home couldn’t overshadow negative news overseas though. Right now the Dow is down 45 points, the Nasdaq is off 28 points and the S&P 500 is down 8 points.

TearLab Corporation (NASDAQ:TEAR) is up 11.93% in midday trading at $1.97. TEAR is up on above average volume with 220 thousand shares traded. TEAR shares are bouncing back today after dipping from $2 to $1.70 over the past two weeks. On the year, TEAR is up about $0.90 from its low of $1.10. The company has a market cap of 40.42 million. [Read more...]

Midday Movers: TEAR, BVSN, CYTX, IDCC, KUTV, URRE, NOK

TearLab Corporation (NASDAQ:TEAR) is up 31.26% in midday trading at $1.6408. TEAR has traded 357 thousand shares so far today, well above its daily average of 73 thousand shares. TEAR shares are up today after announcing the FDA has now granted Waiver categorization for the TearLab Osmolarity System. The company has a market cap of 32.87 million.

BroadVision, Inc. (NASDAQ:BVSN) continues its rise today jumping another 19.49% at $39.73. BVSN has traded 1.1 million shares so far today, way above its daily average of 132 thousand shares. BVSN shares are up more than 200% since the start of the new year. The company has a market cap of 179.16 million.

Cytori Therapeutics Inc. (NASDAQ:CYTX) is up 14.93% in midday trading at $3.23. CYTX has traded nearly 400 thousand shares already today, 30 thousand more shares than its daily average. CYTX shares are rising today after the company announces the publication of previously reported results from APOLLO trial. The publication reported safety and improvements in cardiac function. The company has a market cap of 175.93 million.

InterDigital, Inc. (NASDAQ:IDCC) is down 18.94% at midday at $36.10. IDCC has traded 8.3 million shares so far today, eight times its daily average. IDCC shares are falling the company said it ended a strategic review and determined the company would not put itself up for sale. The company has a market cap of 1.63 billion.

Ku6 Media Co., Ltd (NASDAQ:KUTV) is down 10.66% today at $1.76. KUTV has traded 414 thousand shares today, more than double its daily average volume. KUTV shares have dropped more than $1.50 a share after the stock doubled earlier this month on news of a YouTube deal. The company has a market cap of 87.84 million.

Uranium Resources, Inc. (NASDAQ:URRE) is down 7.08% today at $1.05. URRE is trading above average volume today with 1.3 million shares traded. URRE is seeing a slight pull back today after jumping more nearly $0.40 a share over the past week. The company has a market cap of 96.33 million.

Nokia Corporation (NYSE:NOK) is down 7.09% today at $5.32. NOK has traded 41.8 million shares so far today, 10 million more than its daily average. NOK shares are falling today after weak results from a key chip supplier. Tim Boddy, a Goldman Sachs analyst, is speculating the company could cut its rich dividend in order to conserve cash. The company has a market cap of 19.74 billion.

Stock Round Up for 12/07: TLB, ROYL, TEAR, GRPN, AMR Finish Strong

Stocks struggled into the close today as investors ponder what will happen in Europe in the coming days and weeks ahead. Leaders in France and Germany are now downplaying expectations for the summit, which finishes up on Friday. Traders are hopeful for a plan that will impose greater financial discipline on debt ridden nations like Greece and Italy.

“The pattern has been, get your hopes up, then be disappointed by EU summits, and that pattern has been in place for a while,” said Steve Van Order, fixed income strategist at Calvert Investment Management.

The Dow finished the day up 46 poinst, the Nasdaq down 0.35 points and the S&P up 2.54 points. Let’s take a look at stocks that finished the day strong.

Talbots Inc. (NYSE:TLB) closed the day up 69.87% at $2.66. TLB traded 14.1 million shares today, nearly 14 times its daily average volume. Talbots finished up today on news that Sycamore Partners, a private equity firm, offered the company $3 per share or $212 million. Talbots has a market cap of 183.13 million.

Royale Energy Inc. (NASDAQ:ROYL) closed Wednesday up 19.91% at $5.36. ROYL traded 3.1 million shares today, nearly 8 times its daily average. Just about an hour ago, Royale Energy announced it was selected by the state of Alaska as a winning bidder on acreage in the North Slope Area wide lease sale. The company has a market cap of 57.68 million.

TearLab Corporation (NASDAQ:TEAR) finished the day up 17.39% at $1.35. TEAR traded 309 thousand shares today, well above its daily average of 39 thousand shares. TEAR bounced back slightly today after selling off on Monday following news. TearLab Corp has a market cap of 27.56 million.

Groupon, Inc. (NASDAQ:GRPN) closed up 9.93% today at $21.15. GRPN traded 3.5 million shares today and trades 5.3 million shares a day on average. GRPN stock has gained nearly $3 a share since last Thursday. Groupon has a market cap of 13.49 billion.

AMR Corporation (NYSE:AMR) finished the day up 59.09% at $1.12. AMR traded 232.5 million shares today, way above the 21.9 million shares a day it usually trades. America Airlines announced late this afternoon, they have signed a partnership with China’s Hainan Airlines. This partnership will allow customers to fly on both airlines with a single ticket. AMR has jumped more than 200% in the past two days moving from $0.40 to over $1.10. The company has a market cap of 375.45 million.

10 Value Stocks Under $10 – TEAR, AFFY, FRO, LYG, THC, RDN, BAC, S, HGSI, HBAN

Stocks are continuing their rally from last week as European leaders began getting plans together at a meeting between French and German leaders. French President Nicolas Sarkozy and German Chancellor Angela Merkel discussed forging closer economic and political ties between euro nations. The two leaders also want tighter control on euro nation’s budgets to prevent debt problems that Greece, Italy and other countries are having. The major indices are up over 1% this morning with the Dow up 159 points, the Nasdaq up 45 points and the S&P up 21 points.

Here’s ten stocks under $10 rallying alongside the stock market.

TearLab Corporation (NASDAQ:TEAR) is up 57.26% at $1.95 this morning. TEAR has traded 353 thousand shares so far today, way above its daily average of 11 thousand shares. TEAR is up today after the FDA grants the company’s petition for a waiver under CLIA for the TearLab(R) Osmolarity System. “This marks the achievement of our third and final major milestone,” commented Elias Vamvakas, TearLab’s Chief Executive Officer. TearLab Corporation has a market cap of 38.79 million.

Affymax, Inc. (NASDAQ:AFFY) is up 20.38% at $6.32 this morning. AFFY has traded 2.3 million shares so far today, 4 times its daily average volume. Affymax is rallying today after the FDA said the company’s experimental anemia medicine works as well as approved drugs for patients with chronic kidney disease. Affymax, Inc. has a market cap of 228.31 million.

Frontline Ltd. (NYSE:FRO) is up 18.42% at $3.60 this morning. FRO has traded 1.3 million shares so far today and trades 2.6 million shares a day on average. Over the past 5 trading sessions, FRO has jumped nearly $1 a share. Frontline Ltd has a current market cap of 280.29 million.

Lloyds Banking Group (NYSE:LYG) is up 10.53% at $1.68 this morning. LYG has traded 1.7 million shares so far today and trades 4.2 million shares a day on average. LYG is up $0.30 over the past five trading sessions. Banking stocks have been on a tear the past week or so after last week’s central banks action which lowered borrowing rates for banks. Lloyds Banking Group has a market cap of 29.31 billion.

Tenet Healthcare Corp. (NYSE:THC) is up 11.12% at $4.6450 this morning. THC has traded 2.7 million shares so far today, and trades 10.8 million shares a day on average. THC is bouncing back today after selling off late Friday. Tenet Healthcare has a market cap of 2.02 billion.

Radian Group Inc. (NYSE:RDN) is up 8.04% at $2.42 this morning. RDN has traded 1 million shares so far today and trades on average 5.4 million shares a day. Radian Group has rebounded the last three trading sessions after having a big sell off last Tuesday. RDN has a current market cap of 322.34 million.

Bank of America Corporation (NYSE:BAC) is up 4.17% at $5.88. BAC has traded 94 million shares so far today and trades 271 million shares a day on average. BAC has been steadily going up for the past week now after last week’s major rally following the coordinated central banks’ actions. Bank of America has a market cap of 59.51 billion.

Sprint Nextel Corporation (NYSE:S) is up 0.58% this morning at $2.6150. S has traded 10.9 million shares so far today and trades 62.2 million shares a day on average. S stock rose nearly $0.40 a share last week to $2.80, but has since come back down and is up slightly today. Sprint has a market cap of 7.85 billion.

Human Genome Sciences Inc. (NASDAQ:HGSI) is up 1.85% at $7.71 this morning. HGSI has traded 3.8 million shares this morning and should pass its daily average volume of 6.1 million shares later today. HGSI has moved up $0.70 a share over the past five trading sessions. Human Genome Sciences has a market cap of 1.55 billion.

Huntington Bancshares Inc. (NASDAQ:HBAN) is up 2.11% at $5.32 this morning. HBAN has traded 2.9 million shares so far today and trades 16.1 million shares a day on average. HBAN has followed all the other financial stocks over the past week and has seen gains of more than $0.50 a share in about a week. HBAN has a current market cap of 16.1 million.

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