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More selling in stocks as of midday on Wednesday as the government bailout of American International Group (AIG | Quote | Chart | News | PowerRating) has so far failed to stem widespread concerns about financial companies - concern that is dragging stocks lower across the board.
Among the brighter spots halfway through trading on Wednesday are gold and mining stocks, many of which are up impressively. This list includes Barrick Gold Corporation (ABK | Quote | Chart | News | PowerRating), up nearly 9%, and Newmont Mining Corporation (NEM | Quote | Chart | News | PowerRating), which was up more than 7% by midday.
Today's biggest midday movers include SanDisk Corporation (SNDK | Quote | Chart | News | PowerRating), which is the subject of a hostile bid from Samsung, and Morgan Stanley (MS | Quote | Chart | News | PowerRating), which was among the many financial stocks traders and investors were selling aggressively this week.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| SanDisk Corporation | SNDK | +39.96 |
| World Heart Corporation | WHRT | +30.00 |
| Bonso Electronics International Inc. | BNSO | +28.47 |
| EntreMed Inc. | ENMD | +27.27 |
| Security With Advanced Technologies | SWAT | +23.81 |
| Spanish Broadcasting System Inc. | SBSA | +22.27 | /tr>
| Mdi Inc. | MDII | +21.17 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Electro Energy Inc. | EEEI | -70.67 |
| Versaun Energy Corporation | VSE | -67.05 |
| Lehman Brothers Holdings | LEH | -57.27 |
| Nortel Networks Corporation | NT | -43.77 |
| American International Group | AIG | -40.96 |
| Westaff Inc. | WSTF | -36.90 |
| Constellation Energy Group | CEG | -34.95 |
| Morgan Stanley | MS | -33.69 |
| Franklin Credit Management Corporation | FCMC | -30.77 |
| Midwest Banc Holdings Inc. | MBHI | -27.93 |
| Velocity Express Corporation | VEXP | -27.59 |
| Atherogenics Inc. | AGIX | -27.52 |
| Sun American Bancorp | SAMB | -27.47 |
| Neurobiological Tech Inc. | NTII | -27.92 |
| Inplay Technologies Inc. | NPLA | -24.94 |
| Neomagic Corporation | NMGC | -25.00 |
| Neptune Technologies & Bioresources | NEPT | -24.02 |
| Enteromedics Inc. | ETRM | -23.31 |
| Particle Drilling Technologies | PDRT | -23.09 |
| Young Broadcasting Inc. | YBTVA | -22.71 |
| Nitches Inc. | NICH | -21.05 |
| Vocaltec Communications Ltd. | VOCL | -21.07 |
Source: MarketWatch
For a list of today's top-rated stocks, click here.
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