There are many stocks on the move for day traders and active traders to pick from this Monday morning. We are watching the key moves in Aeropostale, Inc. (NYSE: ARO), Alexza Pharmaceuticals, Inc. (NASDAQ: ALXA), BP plc (NYSE: BP), GT Solar International, Inc. (NASDAQ: SOLR), Hauppauge Digital Inc. (NASDAQ: HAUP), Jack in the Box Inc. (NYSE: JACK), Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC), SandRidge Energy, Inc. (NYSE: SD), and Veeco Instruments Inc. (NASDAQ: VECO).
Aeropostale, Inc. (NYSE: ARO) posted a mere 1% gain in July same-store sales and shares are getting crushed. The stock is down over 9% at $24.90 on over 300,000 shares this morning.
Alexza Pharmaceuticals, Inc. (NASDAQ: ALXA) is down 12% at $2.63 on over 60,000 shares after selling $18 million in a direct stock offering versus a market cap of $158 million before teh dilution and share price drop.
BP plc (NYSE: BP) is trading up 2.5% at $40.40 per ADR on over 1 million shares on talk that Adu Dabi and others are looking at assets under BP. This is the third day that $40.00 has been seen.
GT Solar International, Inc. (NASDAQ: SOLR) is trading up over 11% at $7.72 on about 100,000 shares after significantly beating earnings estimates. This is actually a 52-week high as the prior range was $4.51 to $7.20.
Hauppauge Digital Inc. (NASDAQ: HAUP) is this morning’s top gainer after it announced a high definition video recorder support for Windows Media Center. Shares are up over 16% at $2.42 on over 60,000 shares versus a 52-week range of $0.60 to $4.85.
Jack in the Box Inc. (NYSE: JACK) apparently doesn’t know Jack after earnings. Shares even halted last night. This one is indicated down 8% at $19.00 on light volume and the 52-week range is $17.84 to $26.37.
Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) is trading higher after beating earnings and giving a strong outlook. Shares are trading up 11% at $8.00 on over 120,000 shares.
SandRidge Energy, Inc. (NYSE: SD) is trading lower after cutting its production views for 2010 after earnings. Shares are down 7% at $5.63 on about 1 million shares and the 52-week trading range is $5.20 to $15.00.
Veeco Instruments Inc. (NASDAQ: VECO) is down 7.7% at $42.00 versus a $45.52 close and we have seen over 50,000 shares trade hands.
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JON C. OGG