NYSE Stocks Slipping in Early Trading: AMTG, LEE, TEO, WNC, IOC, STWD

Floor of the New York Stock ExchangeApollo Residential Mortgage, Inc. (NYSE:AMTG) is down 6.33% today at $17.92. AMTG has traded 2.9 million shares so far today, way above its daily average of 153 thousand shares. Apollo Residential announced a 13.9 million share offering late yesterday. The company has a market cap of 184.14 million.

Lee Enterprises Inc. (NYSE:LEE) is down 5.96% this morning at $1.23. LEE has traded 165 thousand shares in early trading and trades 536 thousand shares a day on average. LEE shares are down about $0.15 a share from its intraday high yesterday. Lee Enterprises reported second quarter earnings yesterday and reported a loss of $0.54 per share. The company has a market cap of 56.16 million. [Read more...]

After Hours Report for April 16

NasdaqDefinitely a mixed bag on Wall Street today. The Dow jumped back into positive territory while Apple sent the Nasdaq into the red. Economic data also gave investors a mixed bag as the NY manufacturing index cooled and the housing issue continues to haunt the street. Add in some storm clouds building in Europe and to say we might me in a bit of limbo would be an understatement.

The big news internationally will be Argentina’s nationalization of YPF. That is sure to cause consternation in Spain which has already released a statement saying they are weighing their options (diplo-speak for we ain’t happy). Domestically tech darlings Apple and Google seem to have lost their upward momentum with Apple shares dropping 4% today.

The Dow closed up 72, while the Nasdaq dropped 23. The S&P ended the day flat. [Read more...]

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