NYSE:RAD

Active Stocks in Afternoon Trading: HAUP, CHTP, TVIX, FOSL, TNGO, RAD

Stocks are heading lower in afternoon trading after a meeting between EU finance ministers to discuss Greece’s second rescue package was cancelled. The Dow is down 75 points, the Nasdaq is down 17 points and the S&P 500 is down 9 points.

Hauppauge Digital, Inc. (NASDAQ:HAUP) is up 45.52% today at $1.51. HAUP has traded 1.7 million shares so far today, way above its daily average of 47 thousand shares. HAUP shares are rallying after the company posted its most recent quarterly results today. The company has a market cap of 16.6 million.

Chelsea Therapeutics International (NASDAQ:CHTP) is up 17.36% this afternoon at $3.65. CHTP has traded more than 4 million shares today, 5 times its average volume. CHTP shares are bouncing back today after the stock fell from $5 to $3 on Friday. The company has a market cap of 229.45 million. [Read more...]

NYSE Winners In Early Trading: LSI, WDC, ARO, RAD, NOK, MON

LSI Corporation (NYSE:LSI) is up 5.79% this morning at $6.57. LSI has traded 5.1 million shares so far today and trades 8.4 million shares on average a day. LSI is up today after Wedbush analysts Betsy Van Hees raised her rating on the stock to outperform from neutral. Van Hees believes LSI will benefit from Seagate’s better than expected sales and from its own recent acquisition of SandForce. The company has a market cap of 3.74 billion.

Western Digital Corporation (NYSE:WDC) is up 4.54% in early trading at $32.71. WDC has traded 2.7 million shares this morning and trades 5.2 million shares a day on average. WDC jumped this morning thanks to rival Seagate’s preliminary quarterly results. The company has a market cap of 7.69 billion.

Aeropostale, Inc. (NYSE:ARO) is up 4.38% today at $15.96. ARO has traded 1.2 million shares in early trading and averages 3 million shares daily. ARO shares are up despite the company reporting a 10% drop in holiday sales at stores open at least a year. Aeropostale expects a profit of $0.35 to $0.38 per share in its fiscal fourth quarter and is in line with analysts expectations. The company has a market cap of 1.30 billion.

Rite Aid Corp. (NYSE:RAD) is up 3.60% this morning at $1.2950. RAD is up on above average volume with 10.1 million shares traded, 3 million more than it trades everyday on average. Rite Aid is up today after December revenue rose by 3.6%. The company has a market cap of 1.15 billion.

Nokia Corporation (NYSE:NOK) is up 4.23% today at $5.2950. NOK is up on large volume with 27.9 million shares this morning and averages 28.8 million shares a day on average. NOK is up today after Credit Suisse analyst upgraded the stock to outperform from underperform. The company has a market cap of 19.61 billion.

Monsanto Co. (NYSE:MON) is up 5.46% this morning at $76.62. MON has traded 3.7 million shares so far today and trades 4 million shares a day on average. Monsanto is up today as first quarter profit jumps on Latin American seed sales. The company has a market cap of 40.84 billion.

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