Hot Stocks to Watch: GENE, YELP, ANGI, MAKO, OREX, WLP

Wall StreetThe major stock averages are turning negative in late morning trading after beginning the day in positive territory. The market continues to trade mostly flat as investors await Bernanke’s speech at Jackson Hole, WY later this week. The Commerce Department said today the U.S. economy expanded at a slightly better 1.7% annual rate in the second quarter. The housing industry also saw some good news today as pending home sales jumped to their highest level in the past two years.

A quick look at the markets show the Dow up just barely with a 0.55 point gain, the Nasdaq is down about 2 points and the S&P 500 is down 0.30 points. [Read more...]

NYSE Stocks Faltering In First Half of Trading: RSH, IGT, LVLT, WLP, USG, SVU

Traders at the NYSERadioShack Corp. (NYSE:RSH) is down 27.67% today at $2.64. RSH has traded 6.5 million shares so far today, nearly double its normal trading volume. RadioShack reported a $21 million loss in second quarter sending shares lower today. The company has a market cap of 264.48 million.

International Game Technology (NYSE:IGT) is down 14.70% today at $12.53. IGT has traded 12.5 million shares so far today, 4 times its daily average. IGT shares are trading lower today after quarterly results fall short of expectations. The company has a market cap of 3.69 billion. [Read more...]

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