Stocks Trading Higher This Afternoon: LMLP, LPH, RMBS, SVNT, COGO, CHC

The major stock averages are trading mixed today as investors continue to worry about the euro zone and over global economic growth. Europe continues to be one of the main focal points as French and German legislatures are having problems agreeing on creating a banking union in the euro zone. Investors are also increasingly nervous in the U.S. as the fiscal cliff comes closer.

The Dow is currently up slightly with a 3 point increase, the Nasdaq is down 16 points and the S&P 500 is down 1 point. Apple is weighing heavily on the Nasdaq today after a riot at a Foxconn Technology plant, which produces iPhones, caused the plant to close. [Read more...]

Biggest Stock Losers in Early Trading for Nov. 29

China Hydroelectric Corporation (NYSE:CHC) is down 50% this morning at $0.70. CHC has traded 758 thousand shares so far today, well above its daily average of just 12 thousand shares.

ChinaCast Education Corporation (NASDAQ:CAST) is down 16.67% this morning at $4.25. CAST has traded 337 thousand shares so far today, about 70 thousand more shares than it trades daily. There are reports of problems with Chincast’s SEC filings. Chinacast has a current market cap of 221.57 million.

Corning Inc. (NYSE:GLW) is down 10.18% at $13.27 this morning. GLW has traded 17 million shares in the first hour of trading and should have no problem passing its daily average volume of 21 million shares. GLW is trading down today after cutting its outlook. Corning Inc. has a current market cap of 20.85 billion.

Gulfport Energy Corp. (NASDAQ:GPOR) is down 8.76% at $28.94 in early trading. GPOR has traded 563 thousand shares so far today, about 350 thousand shares away from passing its daily average. GPOR shares are falling this morning after the company has started an offering of 5 million shares. Gulfport has a current market value of 1.47 billion.

Tiffany & Company (NYSE:TIF) is down 7.66% at $67.81 this morning. TIF has traded 4.7 million shares traded so far today, more than double its daily average. Tiffany fell today after issuing guidance below expectations. Tiffany & Company has a current market cap of 8.63 billion.

Transocean Ltd. (NYSE:RIG) is down 6.92% at $42.79 so far this morning. RIG has traded 5.6 million shares so far this morning, about 1 million shares short of its daily average. RIG fell today after the company plans to issue more than $1 billion in stock. Transocean has a current market cap of 13.73 billion.

Dillard’s Inc. (NYSE:DDS) is down 6.84% at $46.29 so far this morning. DDS has traded 759 thousand shares so far today and trades on average 1 million shares. Dillard’s has a current market cap of 2.42 billion.

Real Time Web Analytics