Trading Where the Action Is:
Stocks were up again as of midday on Friday with the Dow industrials up by more than 2% and leading the way higher. Energy stocks, as a whole, remained on retreat.
Both Sprint
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PowerRating) and Qwest
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PowerRating) were among the day’s headline stocks moving higher as of midday on Friday, with both stocks up by more than 8%. In the
Nasdaq, UAL Corporation
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PowerRating) soared by more than 10%, while technology stocks Ciena
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PowerRating) and Adobe Systems
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PowerRating) were
both up more than 4% halfway through trading on the final trading day of the week.
Big movers up more than 20% have been a mixed set of drug makers, energy plays, and retailers. China Yuchai International Ltd.
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PowerRating) was among those stocks moving strongly higher as of midday, the shares boosted by a massive gain of more than 400% in net income for fiscal year 2007.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| Ista Pharmaceuticals Inc. | ISTA | +43.88 |
| Powersecure International Inc. | POWR | +36.90 |
| Quality Distribution Inc. | QLTY | +36.33 |
| Miva Inc. | MIVA | +32.05 |
| Triad Guaranty Inc. | TGIC | +28.93 |
| Genitope Corporation | GTOP | +27.51 |
| Live Nation Inc. | LYV | +25.59 |
| Fuel Systems Solutions Inc. | FSYS | +25.48 |
| China Yuchai International Ltd. | CYD | +24.11 |
| Gibraltar Industries Inc. | ROCK | +23.78 |
| Eddie Bauer Holdings Inc. | EBHI | +23.22 |
| Eurobancshares Inc. | EUBK | +23.03 |
| Centerline Holdings Company | CHC | +20.00 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| ANetwave Wireless Inc. | WAVE | -64.91 |
| ANADIGICS Inc. | ANAD | -41.48 |
| Guidance Software Inc. | GUID | -37.26 |
| Cogent Communications Group | CCOI | -32.26 |
| Pros Holdings Inc. | PRO | -28.30 |
| Carriage Services Inc. Class A | CSV | -26.10 |
| Omni Energy Services | OMNI | -24.67 |
| Willdan Group Inc. | WLDN | -21.87 |
| Magma Design Automation | LAVA | -20.53 |
Source: MarketWatch
For a list of today’s top-rated stocks, click here.
David Penn is Senior Editor at TradingMarkets.com.