Monday, February 11, 2013 – Here is today’s summary of U.S. stock market activities – Major Headlines, Biggest Losers, Biggest Gainers, Top Advances & Declines.
Stock Market Headlines
Stocks took a breather today after six consecutive weekly gains. Investors are becoming more cautions after recent rallies have pushed the S&P, DJIA and Nasdaq to multi-year highs.
Art Cashin, director of UBS Financial floor operations commented to a CNBC reporter that "we've gone 500 days without a 10% correction and we've got 57 percent bullishness—that gets a little scary on the contrary basis”.
Declining stocks (1,649) outpaced Advances (1,338) on the NYSE, while the Nasdaq had 1,259 Declines versus 1,197 Advances.
Most Active Stocks – Top Gainers By Percentage (NYSE & NASDAQ)
|
TOP 10 PERCENTAGE GAINERS – Across Nasdaq and NYSE |
||||||
|
# |
Company/Stock |
Price |
Change |
% Chg |
Today's Volume |
Exchange |
|
1 |
Medical Action Industries (MDCI) |
$5.88 |
1.20 |
25.64 |
466,934 |
Nasdaq |
|
2 |
SunPower (SPWR) |
$9.44 |
1.51 |
19.04 |
7,030,667 |
Nasdaq |
|
3 |
Integrated Electrical Services (IESC) |
$5.40 |
0.78 |
16.88 |
18,073 |
Nasdaq |
|
4 |
Amyris (AMRS) |
$3.83 |
0.51 |
15.36 |
837,896 |
Nasdaq |
|
5 |
Diamond Foods (DMND) |
$16.60 |
2.19 |
15.20 |
3,467,993 |
Nasdaq |
|
6 |
Daqo New Energy ADS (DQ) |
$12.40 |
1.28 |
11.52 |
30,302 |
NYSE |
|
7 |
Globus Medical (GMED) |
$14.70 |
1.12 |
8.25 |
706,282 |
NYSE |
|
8 |
JinkoSolar Holding ADS (JKS) |
$8.65 |
0.64 |
7.99 |
323,165 |
NYSE |
|
9 |
ReneSola ADS (SOL) |
$2.30 |
0.17 |
7.98 |
837,897 |
NYSE |
|
10 |
AOL (AOL) |
$36.24 |
2.52 |
7.47 |
7,401,306 |
NYSE |
-
Shares of Medical Action, a manufacturer of surgical-related products, were the highest gainer across the NYSE and Nasdaq today. The firm reported 3rd quarter (fiscal 2013) revenue results that surpassed Wall Street's expectations. Stock analysts were expecting 5 cents a share, but Medical Action reported ten cents a share. For the nine months ended December 31, 2012, the Company reported net sales of $333.7 million and gross profit of $53.5 million.
-
SunPower stock (SPWR) was the next highest gainer across the NYSE and Nasdaq. By the end of trading, the stock price had soared 19% to close at $9.44. The rise in the stock was due to numerous reports showing that the solar energy industry as a whole was set to soar. Credit Suisse‘s analyst Satya Kumar published a report arguing that prices for polysilicon (used to build solar panels) were “at a trough". The Financial Times also reported that the industry may be close to creating bonds that cluster small installations into securities and generate cash flow from the electricity generated.
TOP 10 PERCENTAGE LOSERS – Across Nasdaq and NYSE
|
# |
Company/Stock |
Price |
Change |
% Chg |
Today's Volume |
Exchange |
|
1 |
Prima Biomed ADS (PBMD) |
$3.00 |
(0.66) |
(18.03) |
8,228 |
Nasdaq |
|
2 |
GMX Resources (GMXR) |
$5.85 |
(1.15) |
(16.47) |
400,552 |
NYSE |
|
3 |
Novo Nordisk ADS (NVO) |
$165.42 |
(26.87) |
(13.97) |
2,045,250 |
NYSE |
|
4 |
Heckmann (HEK) |
$3.90 |
(0.45) |
(10.34) |
6,257,605 |
NYSE |
|
5 |
Caesars Entertainment (CZR) |
$12.59 |
(1.32) |
(9.49) |
5,088,041 |
Nasdaq |
|
6 |
ALCO Stores (ALCS) |
$7.35 |
(0.60) |
(7.55) |
39,406 |
Nasdaq |
|
7 |
GAIN Capital Holdings (GCAP) |
$4.27 |
(0.34) |
(7.38) |
21,642 |
NYSE |
|
8 |
EPAM Systems (EPAM) |
$19.95 |
(1.54) |
(7.17) |
153,755 |
NYSE |
|
9 |
Recovery Energy (RECV) |
$2.00 |
(0.15) |
(6.98) |
17,604 |
Nasdaq |
|
10 |
AEterna Zentaris (AEZS) |
$2.81 |
(0.21) |
(6.95) |
1,067,047 |
Nasdaq |
- Prima Biomed’s ADS stock (PBMD), dropped -18.03 today, making it the biggest loser across the NYSE and Nasdaq. The firm’s Chief Executive Office, Matthew Lehman is set to present an overview of the company’s activities tomorrow – at the 15th Annual BIO CEO & Investor Conference in New York.
- Shares of GMX Resources were the next biggest loser, declining -16.47% to close the day at $5.85. The oil and gas exploration and production company today reported on the performance of its "Heiser 11-2-1H Well" – located in Sections 2 & 11, Township 145N Range 99W in McKenzie County.
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