Many of today’s top day trader and active trader stocks are up on earnings but other news is running names as well. This Friday’s top day trader and active trader alerts are in Baidu, Inc. (NASDAQ: BIDU), BioSphere Medical, Inc. (NASDAQ: BSMD), Electronic Arts Inc. (NASDAQ: ERTS), Hauppauge Digital, Inc. (NASDAQ: HAUP), J. C. Penney Company, Inc. (NYSE: JCP), National Bank of Greece SA (NYSE: NBG), NVIDIA Corporation (NASDAQ: NVDA), Strategic Hotels & Resorts, Inc. (NYSE: BEE), and Yahoo! Inc. (NASDAQ: YHOO).
We have provided the news, the move, the change, and relative color on each where applicable.
Baidu, Inc. (NASDAQ: BIDU) sold off yesterday after an initial post-split pop-up, and shares are lower again after Jim Cramer gave it a ‘sell’ call on CNBC’s MAD MONEY. Shares are down 2.7% at $73.58 on 140,000 shares.
BioSphere Medical, Inc. (NASDAQ: BSMD) is surging on thin volume after the announcement that it will be acquired by Merit Medical Systems for about $96 million in cash for $4.38 per share. Shares were trading up 43% at $4.30 on about 15,000 shares.
Electronic Arts Inc. (NASDAQ: ERTS) is trading lower with the market but also on word that NPD showed a 26% decline in video game sales. This should have been known at least by EA because they already got hit recently on guidance after a poor earnings report. Shares are down 2.2% at $17.69 on over 40,000 shares.
Hauppauge Digital Inc. (NASDAQ: HAUP) was one of the huge stealth news stocks yesterday that posted what looks to be an exponential run at the end of the day. The news is that its WinTV-HVR TV tuner boards for PCs can now stream live TV over the Internet to the iPad, iPhone and iPod touch and any Apple Macintosh computer which supports a Safari web browser. The last 30 minutes brought literally a 200% rally to $3.03 and shares are up another 37% at $4.17 on over 600,000 shares. This is a new 52-week high and average volume is under 70,000 shares.
J. C. Penney Company, Inc. (NYSE: JCP) reported $0.25 EPS vs. $0.11 EPS a year ago, for a gain of 140% in net income. This only meets estimates and we saw both Kohl’s (KSS) and Nordstrom (JWN) lower after earnings yesterday. JCP shares are down 2% at $26.60 on under 10,000 shares pre-market; shares were down almost 2% yesterday as well.
National Bank of Greece SA (NYSE: NBG) is in the dog house again, always in the dog house. The E.U. and emerging markets are lower and NBG is down 2.5% at $2.72 on the thought that the bailout in the E.U. does nothing long-term.
NVIDIA Corporation (NASDAQ: NVDA) was lower this morning due to sales guidance being deemed a disappointment after earnings last night. Shares are down 5.8% at $13.80 on 250,000 shares.
Strategic Hotels & Resorts, Inc. (NYSE: BEE) is lower after selling 66 million shares in a secondary offering versus a $5.20 close. Shares are trading down 5.7% at $4.90 on already almost 2 million shares. The 52-week range is $0.94 to $6.97 and the average volume is only 2.7 million shares.
Yahoo! Inc. (NASDAQ: YHOO) it trading higher after a quick Jim Cramer tout on CNBC’s MAD MONEY. Cramer said with its Alibaba stake it is worth $20 to $25 per share. Shares are up 1.6% at $16.40 on almost 50,000 shares. Normally that might not be much, but this is with a down-market today.
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JON C. OGG
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