Trading Where the Action Is!
Blue chip stocks were pulling back as of midday on Tuesday. Lowered earnings estimates from Goldman Sachs
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PowerRating) were among those factors encouraging
traders to take profits after two consecutive advancing sessions.
Airlines were among the stocks moving higher, including Delta Air Lines
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PowerRating) and US Airways Group
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PowerRating), both of which were up by more than 3% by midday. UAL Corporation
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PowerRating) was higher by more than 10%.
Big midday movers on Tuesday included bond insurer Syncora Holdings
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PowerRating) and renewed concerns over its ability to renegotiate contracts with a number of Wall Street banks.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| Deerfield Capital Corporation | DFR | +49.28 |
| Veraz Networks Inc. | VRAZ | +31.91 |
| U.S. Shipping Partners LP | USS | +30.09 |
| Intersections Inc. | INTX | +24.88 |
| Action Products International | APII | +22.19 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Altus Pharmaceuticals Inc. | ALTU | -49.39 |
| Syncora Holdings Ltd. | SCA | -33.75 |
| Comverge Inc. | COMV | -32.21 |
| ACI Worldwide Inc. | ACIW | -28.60 |
| Vineyard National Bancorp | VNBC | -22.92 |
| Fushi Copperweld Inc. | FSIN | -20.81 |
| Downey Financial Corporation | DSL | -20.00 |
Source: MarketWatch
For a list of today’s top-rated stocks, click here.
David Penn is Senior Editor at TradingMarkets.com.