Trading Where the Action Is!

Stocks were higher across the board on Wednesday, with the Nasdaq up by more than 1% as of midday. Technology shares are among the more impressive movers, with shares of Netapp Inc.
(
NTAP |
Quote |
Chart |
News |
PowerRating)
up more than 6%. Dell
(
DELL |
Quote |
Chart |
News |
PowerRating)
, Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating)
and Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating)
were all up more than 1% midway through trading on Wednesday.

Also producing strong gains in the first half of Wednesday’s trading were financial stocks including Lehman Brothers Holdings
(
LEH |
Quote |
Chart |
News |
PowerRating)
which was up more than 7% by midday. And news of a takeover by Japanese office equipment maker Ricoh sent shares of Ikon Office Solutions
(
IKN |
Quote |
Chart |
News |
PowerRating)
soaring by more than 9%.

Among today’s biggest midday movers are two familiar names to the upside: The Talbots
(
TLB |
Quote |
Chart |
News |
PowerRating)
and Borders Group
(
BGP |
Quote |
Chart |
News |
PowerRating)
.

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

Name Symbol % Up
American Bio Medical Corporation ABMC +35.74
Si International Inc. SINT +35.47
SMF Energy Corporation FUEL +31.79
The Talbots Inc. TLB +31.55
Sify Technologies Ltd. SIFY +21.89
Synergx Systems Inc. SYNX +21.67
Borders Group Inc. BGP +20.71
Pixelplus Company Ltd. PXPL +20.00

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

Name Symbol % Down
Nexmed Inc. NEXM -81.69
Cell Genesys Inc. CEGE -71.07
Chinacast Education Corporation CASTW -37.90
Young Broadcasting Inc. YBTVA -32.08
Mtm Technologies Inc. MTMC -26.22
Icop Digital Inc. ICOP -25.83
Amylin Pharmaceuticals Inc. AMLN -23.86
Thornburg Mortgage Asset Corporation TMA -22.67

Source: MarketWatch

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

David Penn is Editor-in-Chief at TradingMarkets.com.