Trading Where the Action Is!
Financial shares were among those bouncing back a day after Thursday’s massive sell-off. Wachovia
(
WB |
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PowerRating) is ahead by more than 4% as of midday on Friday, and Lehman Brothers Holdings
(
LEH |
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PowerRating) is up more than 3%.
Stocks continuing to pullback on Friday include Ciena Corporation
(
CIEN |
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PowerRating) and Adobe Systems Inc.
(
ADBE |
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PowerRating), both down more than 3% so far in trading today.
The most interesting big mover of the day is clearly SanDisk Corporation
(
SNDK |
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PowerRating). The stock was up more than 20% by midday on Friday as news broke that Samsung Electronics was considering an acquisition of the company.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| Enliven Marketing Technology Group | ENLV | +38.00 |
| Healthaxis Inc. | HAXS | +33.30 |
| Langer Biomechanics Group Inc. | GAIT | +32.54 |
| Westaff Inc. | WSTF | +29.17 |
| SanDisk Corporation | SNDK | +27.41 |
| Metro One Telecommunications | INFO | +25.00 |
| Daystar Technologies Inc. | DSTIZ | +23.25 |
| UST Inc. | UST | +22.41 |
| Sirf Technology Holdings Inc. | SIRF | +21.90 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| LCC International Inc. Class A | LCCI | -66.97 |
| Young Broadcasting Inc. | YBTVA | -21.74 |
| Pike Electronics Corporation | PEC | -20.05 |
Source: MarketWatch
For a list of today’s top-rated stocks, click here.
David Penn is Editor-in-Chief at TradingMarkets.com.