Stocks have moved into positive territory in midday trading. Investors had little reaction to Greek news and better than expected economic data earlier. In fact, stocks were down a good part of the morning. The Dow is up 20 points, the Nasdaq is up 9 points and the S&P 500 is up 3 points.
Trina Solar Limited (NYSE:TSL) is up 24.27% today at $11.47. TSL has traded 14.6 million shares so far today, nearly 5 times its daily volume. TSL shares are up more than $3 a share over the past week. Trina Solar is expected to announce quarterly results later this month. The company has a market cap of 802.68 million.
Bank of America Corp. (NYSE:BAC) is up 1.48% in midday trading at $8.24. BAC has traded 360 million shares so far today, well above its daily average of 274 million shares. Some of the biggest banks in the U.S. including Bank of America agreed to $25 billion foreclosure settlement. BAC shares are actually down on the day after opening up at $8.31. The company has a market cap of 87.18 billion.
Cheniere Energy, Inc. (AMEX:LNG) is up 15.26% at $14.29. LNG has traded 15.4 million shares so far today and trades 5.3 million shares a day on average. LNG shares are up more than $5 in the past month. The company has a market cap of 1.15 billion.
TripAdvisor, Inc. (NASDAQ:TRIP) is down 14.94% today at $29.21. TRIP has traded 10 million shares so far today, 5 times its daily average. TRIP shares are falling today after reporting weak fourth quarter results. TripAdvisor earned $0.16 per share, analysts were expecting $0.24 per share.
American Superconductor Corporation (NASDAQ:AMSC) is down 9.20% in midday trading at $5.4750. AMSC has traded 1.5 million shares so far today, well above its daily average of 933 thousand shares. AMSC shares tumble as third quarter loss widens due to sales falling 43%. The company has a market cap of 282.04 million.
Neurocrine Biosciences, Inc. (NASDAQ:NBIX) is down 7.36% today at $8.68. NBIX has traded 1.4 million shares so far today, triple its daily average volume. NBIX shares take a dive on poor fourth quarter results. EPS was in line, but revenue missed and guidance was below consensus. The company has a market cap of 483.49 million.