stock gainers

Biggest Early Morning Stock Gainers for Dec. 2

December 2, 2011 By Leave a Comment

Stocks are rallying today big time following jobs report. Only 120,000 jobs were created last month, but the unemployment rate fell 0.4% to 8.6%. The total amount of people without a job fell to 13.3 million.

“Overall, the continued modest employment gains reflect an economy that plods along at an uninspiring pace,” Kathy Bostjancic, director of macroeconomic analysis at The Conference Board, said in a statement. “These modest job gains are still not enough to propel economic growth to a sustainable 2 percent-plus growth path.”

Right now the major indexes are all rallying nearly 1% with the Dow up 101 points, the Nasdaq is up 25 points and the S&P is up 12 points. Let’s take a look at some stocks that are following the overall market higher this morning.

Mitel Networks Corp. (NASDAQ:MITL) is up 32.48% at $3.63 in early trading. Mitel released second quarter fiscal 2012 results yesterday and beat estimates. Revenue was $168.8 million compared to $161.1 million in the same quarter a year ago. The company’s EPS beat estimates by $0.07. MITL has traded 396 thousand shares so far today, way above its daily average of just 31 thousand shares. Mitel Networks has a current market cap of 194.56 million.

Navios Maritime Holdings Inc. (NYSE:NM) is up 20.29% at $4.09 this morning. NM has traded 1.2 million shares so far today, more than double its daily average of 530 thousand shares. NM is up more than $0.70 this week. The company has a current market cap of 426.06 million.

Zumiez, Inc. (NASDAQ:ZUMZ) is up 17.37% at $27.43 this morning. ZUMZ has traded 795 thousand shares so far today, nearly double its daily average of 428 thousand shares. Zumiez is up today after the company reported third quarter results Thursday. Net income jumped nearly 15% as the company earned $14.1 million, or $0.45 per share. That’s up from $12.3 million or $0.40 from the same quarter last year. ZUMZ has a current market cap of 853.60 million.

Western Digital Corp. (NYSE:WDC) is up 12.38% at $32.87 this morning. WDC has traded 3.9 million shares so far today, about 800 thousand shares short of its daily average which it will have no problem passing. WDC is up today after the company announced it would beat its prior forecast for revenue thanks to progress in the repair of its facilities in Thailand that suffered damage from recent floods. Western Digital has a current market cap of 7.72 billion.

Rubicon Minerals Corporation (AMEX:RBY) is up 10.96% at $4.05 in early trading. RBY has traded 2 million shares so far today, nearly three times its daily average volume. RBY is selling off a bit right now after gaping open at $4.26. The company has a current market cap of 977.01 million.

Old Republic International Corp. (NYSE:ORI) is up 11.40% today at $8.99. ORI has traded 2.3 million shares so far and is already about to eclipse its daily average volume. ORI has been trending higher all week from below $7.60 to nearly $9 a share. The company has a current market cap of 2.32 billion.

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Stock Gainers In Midday Trading For Dec. 1

December 1, 2011 By Leave a Comment

Dex One Corporation (NYSE:DEXO) is up 25.95% in midday trading at $1.65. DEXO has traded 1.7 million shares so far today, nearly a million more than its daily average of 958 thousand shares. DEXO has been in a big uptrend the past five trading sessions moving from less than $0.80 to as high as $1.80. The company has a current market cap of 82.38 million.

Magma Design Automation Inc. (NASDAQ:LAVA) is up 24.74% at $7.14. LAVA has traded 39.3 million shares so far today, way above its daily average of 766 thousand shares. Synopsys (NASDAQ:SNPS) said it has agreed to buy Magma Design for $7.35 a share. The company has a current market cap of 488.73 million.

GMX Resources Inc. (NYSE:GMXR) is up 19.70% today at $1.58. GMXR has traded 1.5 million shares so far today and has already traded what it usually trades in a day. GMX Resources announced it will sell an overriding royalty interest in certain long-lived producing assets in Haynesville Bossier for $50 million. The company has a current market cap of 90.04 million.

Texas Industrials Inc. (NYSE:TXI) is up 17.45% at $29.75 in midday trading today. TXI has traded 3 million shares so far today, 10 times its daily average. TXI spiked right around the noon hour and jumped as high as $35.84. The company has a current market cap of 827.17 million.

Charming Shoppes Inc. (NASDAQ:CHRS) is up 13.14% today at $4.39. CHRS has traded 7.2 million shares so far today, more than 3 times its daily average. CHRS stock is up today after the company plans to sell Fashion Bug operations and conduct a strategic review. The company has a current market cap of 511.23 million.

Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) is up 15.78% at $8.07 in midday trading today. TSPT has traded 2.2 million shares so far today, nearly 4 times its daily average.Transcept Pharmaceuticals announced today Purdue’s exercise of option to commercialize Intermezzo in the U.S. The company has a current market cap of 108.44 million.

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Biggest Stock Gainers as Market Rallies Big Time: AATI, PCX, X, ELTK, LEAP

November 30, 2011 By Leave a Comment

Stocks are up big today following coordinated action from central banks across the world to avert a credit crunch. Central banks in Europe, the U.S., Britain, Japan, Switzerland and Canada eased banks’ access to money by lowering their borrowing rates. The Dow is up 420 points, the Nasdaq is up 88 points and the S&P is up 43 points. Here’s some of the biggest stock percentage gainers in early trading.

Advanced Analogic Technologies, Inc. (NASDAQ:AATI) is up 32.72% today at $5.76. AATI has traded 4.4 million shares so far today, more than 6 times its daily average. Skywork Solutions said it will buy Advanced Analogic Technologies for $5.80 per share which is lower than the original offer. Advanced Analogic has a current market cap of 253.93 million.

Patriot Coal Corporation (NYSE:PCX) is up 14.75% at $9.96. PCX has traded 3.5 million shares so far today and trades 7.7 million shares a day on average. PCX gaped open this morning at $9.37. The stock closed yesterday at $8.68. Patriot Coal has a current market cap of 908.72 million.

United States Steel Corp. (NYSE:X) is up 12.63% at $26.66 in morning trading. X has traded 6.1 million shares so far today and trades 13.1 million shares a day on average. X is leading the charge in the steel sector today along with AK Steel (NYSE:AKS) up 8.8% and Allegheny Technologies (NYSE:ATI) up 9.5%. United States Steel has a current market cap of 3.84 million.

Eltek Ltd. (NASDAQ:ELTK) is up 21.85% at $1.45. ELTK is rising today after announcing third quarter earnings. Third quarter revenue rose 33% to $12 million and net profits increased by 358% to $573 thousand. ELTK has traded 447 thousand shares so far today, well above its daily average of 9 thousand shares. Eltek has a current market cap of 9.58 million.

Leap Wireless International Inc. (NASDAQ:LEAP) is up 12.68% at $8.80. LEAP has traded nearly 900 thousand shares so far today and trades 2 million shares a day on average. LEAP is up as it follows the overall market rally today. Leap Wireless has a current market cap of 692.67 million.

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