Trading Where the Action Is!

Stocks followed-through to the upside on the first trading day of the week, with blue chips such as American Express
(
AXP |
Quote |
Chart |
News |
PowerRating)
, Citigroup
(
C |
Quote |
Chart |
News |
PowerRating)
, and Home

Depot
(
HD |
Quote |
Chart |
News |
PowerRating)
among the Dow industrials’ biggest gainers as of midday. But Monday’s true midday mover is clearly Amazon.com
(
AMZN |
Quote |
Chart |
News |
PowerRating)
, which was up

more than 12% intraday on optimism toward sales of the online retailer’s Kindle Reader.

A special, one-time dividend payout drove shares of VeriChip
(
CHIP |
Quote |
Chart |
News |
PowerRating)
higher as of midday, while Beazer Homes USA
(
BZH |
Quote |
Chart |
News |
PowerRating)
is benefiting from better than expected third quarter earnings. Meanwhile, the decision by Basin Water
(
BWTR |
Quote |
Chart |
News |
PowerRating)
to delay reporting quarterly earnings induced massive selling in the stock.

Here is a list of stocks that have gained 20% or more so far in trading today.

Name Symbol % Up
VeriChip Corporation CHIP +35.81
Beazer Homes USA BZH +27.21
ClearOne Communications CLRO +27.01
TierOne Corporation TONE +26.94
R.H. Donnelley Corporation RHD +26.83
Willis Lease Finance Corporation WLFC +24.18
North American Scientific Corporation NASM +23.53
Amcore Financial Inc. AMFI +20.24

Here is a list of stocks that have lost 20% or more so far in trading today.

Name Symbol % Down
Basin Water Inc. BWTR -47.24
Sirf Technology Holdings Inc. SIRF -29.13
Cardiome Pharma Corporation CRME -24.73
Uranium Resources Inc. URRE -22.69

Source: MarketWatch

For a list of today’s top-rated stocks, click here.

David Penn is Senior Editor at TradingMarkets.com.