Stocks are down some this morning as investors are hesitant to jump into the market amid global growth concerns. Investors are also watching earnings this week very closely. Europe continues to be the main flashpoint for news affecting global markets. EU finance ministers are going to meet in Brussels again to keep working on a plan to reinforce the euro. Sign Up For Free Stock Alerts
All eyes will be on Alcoa today after market close as it kicks off earnings season. The Dow is down 42 points right now, the Nasdaq is down 7 points and the S&P 500 is down 3 points.
Hot Stocks
Sunshine Heart Inc. (NASDAQ:SSH) is up 76.55% today at $8.81. SSH has traded 249 thousand shares this morning, way above its average of just 3 thousand shares a day. SSH shares are up nearly 200% in the past two trading days. Last Thursday, Sunshine Heart received Health Canada approval to its next gen C-Pulse system driver in ongoing clinical studies. The company has a market cap of 57.30 million.
FX Alliance Inc. (NYSE:FX) is up 39.75% this morning at $21.94. FX has traded 1.7 million shares so far today. FX shares are rising today after the company agreed to be bought by Thomson Reuters for $616 million. The company has a market cap of 37.42 million.
Centene Corp. (NYSE:CNC) is up 17.80% today at $34.08. CNC has traded 2.2 million shares so far today, more than double its daily average. CNC shares are rallying today following WellPoint’s purchase of Amerigroup for $4.9 billion. The company has a market cap of 1.75 billion.
Antares Pharma Inc. (NASDAQ:ATRS) is up 11.31% today at $4.74. ATRS has traded 3.9 million shares so far today, well above its daily average of 1.07 million shares. ATRS shares have rallied 28% over the past week. The company has a market cap of 502.59 million.
Molina Healthcare Inc. (NYSE:MOH) is up 13.18% this morning at $26.11. MOH has traded 1.4 million shares so far today, 300 thousand shares more than its daily average. Stocks in the health insurance sector are up today after Wellpoint’s acquisition of Amerigroup. The company has a market cap of 1.21 billion. Sign Up For Free Stock Alerts
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is up 13.22% today at $56.88. QCOR has traded 2.2 million shares so far today, 400 thousand shares more than its daily average. QCOR shares hit a new 52 week high today on June Acthar sales figures. The company has a market cap of 3.52 billion.
