NASDAQ:TSPT

NASDAQ Stocks Dipping in Early Trading: LEAP, NIHD, TSPT, INFN, CLNT, GPRE

April 26, 2012 By Leave a Comment

NasdaqLeap Wireless International Inc. (NASDAQ:LEAP) is down 20.75% this morning at $6.11. LEAP has traded 5.6 million shares so far today, well above its daily average 1.4 million shares. Leap Wireless posted a net loss for the most recent quarter of $98.4 million or $1.28 per share. The company has a market cap of 487.02 million.

NII Holdings Inc. (NASDAQ:NIHD) is down 18.18% in early trading at $15.35. NIHD has traded 7.7 million shares so far today, more than double its daily average. NII Holdings announced first quarter profits earlier today and reported net income of $10.9 million, down from $96.8 million a year ago. The company has a market cap of 2.64 billion. [Read more...]

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Stocks Trade Higher at Midday, Hot Stocks to Watch

March 19, 2012 By Leave a Comment

Wall StreetStocks are moving into positive territory in midday trading as banks push the overall market higher. Many analysts are starting to wonder if a pull back is imminent. The Dow has jumped close to 2,000 points since late November and has yet to see a meaningful pull back. We have seen some speed bumps along the way, the most recent being a 200 point drop in early March.

As long as economic data stays positive, we should see the current rally continue. If a negative jobs report comes out or some other troubling economic data though, a market pull back could occur.

Taking a peek at the stock indexes at midday show the Dow up 23 points, the Nasdaq up 24 points and the S&P 500 up 7 points. [Read more...]

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Stock Gainers In Midday Trading For Dec. 1

December 1, 2011 By Leave a Comment

Dex One Corporation (NYSE:DEXO) is up 25.95% in midday trading at $1.65. DEXO has traded 1.7 million shares so far today, nearly a million more than its daily average of 958 thousand shares. DEXO has been in a big uptrend the past five trading sessions moving from less than $0.80 to as high as $1.80. The company has a current market cap of 82.38 million.

Magma Design Automation Inc. (NASDAQ:LAVA) is up 24.74% at $7.14. LAVA has traded 39.3 million shares so far today, way above its daily average of 766 thousand shares. Synopsys (NASDAQ:SNPS) said it has agreed to buy Magma Design for $7.35 a share. The company has a current market cap of 488.73 million.

GMX Resources Inc. (NYSE:GMXR) is up 19.70% today at $1.58. GMXR has traded 1.5 million shares so far today and has already traded what it usually trades in a day. GMX Resources announced it will sell an overriding royalty interest in certain long-lived producing assets in Haynesville Bossier for $50 million. The company has a current market cap of 90.04 million.

Texas Industrials Inc. (NYSE:TXI) is up 17.45% at $29.75 in midday trading today. TXI has traded 3 million shares so far today, 10 times its daily average. TXI spiked right around the noon hour and jumped as high as $35.84. The company has a current market cap of 827.17 million.

Charming Shoppes Inc. (NASDAQ:CHRS) is up 13.14% today at $4.39. CHRS has traded 7.2 million shares so far today, more than 3 times its daily average. CHRS stock is up today after the company plans to sell Fashion Bug operations and conduct a strategic review. The company has a current market cap of 511.23 million.

Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) is up 15.78% at $8.07 in midday trading today. TSPT has traded 2.2 million shares so far today, nearly 4 times its daily average.Transcept Pharmaceuticals announced today Purdue’s exercise of option to commercialize Intermezzo in the U.S. The company has a current market cap of 108.44 million.

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