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
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, up more than 39%, and Ambac Inc.
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, up more than 27%. Also higher in the financial realm were Citigroup
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, ahead by nearly 11% and Bank of America
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, which was up more than 9% as of midday.

Solar stocks were also moving higher, including shares of First Solar
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, 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.