Trading Where the Action Is: MOT, IMCL, CADX, BMY, AKAM, HSTX
Stocks retraced early morning gains by midday, with the larger cap stocks of the Dow industrials and S&P 500 making the largest pullbacks. Motorola
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Big midday movers making progress higher include a number of healthcare/biotechnology names such as Cadence Pharmaceuticals
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Pullbacks in technology and telecommunications were represented by the midday moves to the downside in Akamai Technologies Inc.
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Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Cadence Pharmaceuticals | CADX | +59.97 |
| Zones Inc. | ZONS | +52.02 |
| ImClone Systems Inc. | IMCL | +37.74 |
| Pharmanet Development Group | PDGI | +29.03 |
| Titan International Inc. | TWI | +28.22 |
| Famous Dave’s of America | DAVE | +27.10 |
| LHC Group Inc. | LHCG | +20.26 |
| Mastc Inc. | MTZ | +20.17 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Harris Stratex Networks | HSTX | -33.27 |
| Bare Escentuals Inc. | BARE | -31.48 |
| Innospec Inc. | IOSP | -31.46 |
| Stoneridge Inc. | SRI | -26.26 |
| Akamai Technologies Inc. | AKAM | -26.33 |
| CDI Corporation | CDI | -24.15 |
| Deluxe Corporation | DLX | -22.48 |
Source: MarketWatch
For a list of today’s top-rated stocks, click here.
David Penn is Senior Editor at TradingMarkets.com.