Trading Where the Action Is!
Stocks staged an impressive rally off the morning lows as of midday on Wednesday, with the Dow, Nasdaq and S&P 500 hovering near unchanged levels
halfway through trading.
Among those stocks moving higher today are financial sector names such as National City Corporation
(
NCC |
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PowerRating), up more than 39%, and Ambac Inc.
(
ABK |
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PowerRating), up more than 27%. Also higher in the financial realm were Citigroup
(
C |
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PowerRating), ahead by nearly 11% and Bank of America
(
BAC |
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PowerRating), which was up more than 9% as of midday.
Solar stocks were also moving higher, including shares of First Solar
(
FSLR |
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PowerRating), gaining more than 6% midway through Wednesday’s trading.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| Building Materials Holding Corporation | BLG | +82.98 |
| Nature Vision Inc. | NRVN | +52.29 |
| EF Johnson Technologies Inc. | EFJI | +48.00 |
| Comstock Homebuilding Companies | CHCI | +41.71 |
| National City Corporation | NCC | +39.9 |
| Pilgrim’s Pride Corporation | PPC | +39.36 |
| Verenium Corporation | VRNM | +27.66 |
| Ambac Inc. | ABK | +27.47 |
| Firstfed Financial Corporation | FED | +26.02 |
| RCM Technologies Inc. | RCMT | +23.56 |
| Thornburg Mortgage Inc. | TMA | +21.81 |
| Qimonda Ag | QI | +21.18 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Evergreen Energy Inc. | EEE | -38.38 |
| Phoenix Companies Inc. | PNX | -27.65 |
| Westwood One Inc. | WON | -27.27 |
| Greenlight Capital Re Ltd. | GLRE | -26.14 |
| Bonso Electronics International Inc. | BNSO | -24.14 |
| Langer Biomechanics Group Inc. | GAIT | -23.91 |
| Marshall Edwards Inc. | MSHL | -22.79 |
| Vaughn Foods Inc. | FOOD | -21.60 |
| Telik Inc. | TELK | -21.21 |
| Introgen Therapeutics Inc. | INGN | -20.63 |
| Friedman Billings Ramsey REIT | FBR | -22.50 |
Source: MarketWatch
For a list of today’s top-rated stocks, click here.
David Penn is Editor in Chief at TradingMarkets.com.