Top Day Trader Alerts (FEED, ABK, CPLP, FOSL, LOPE, JASO, MBI, NFLX, NUAN, PPCO, QGEN, QNST)
There are many stocks on the move for day traders and active traders to pick from this Tuesday morning. We are watching the key moves in AgFeed Industries, Inc. (NASDAQ: FEED), Ambac Financial Group, Inc. (NYSE: ABK), Capital Product Partners L.P. (NASDAQ: CPLP), Fossil, Inc. (NASDAQ: FOSL), Grand Canyon Education, Inc. (NASDAQ: LOPE), JA Solar Holdings Co., Ltd. (NASDAQ: JASO), MBIA Inc. (NYSE: MBI), Netflix, Inc. (NASDAQ: NFLX), Nuance Communications, Inc. (NASDAQ: NUAN), Penwest Pharmaceuticals Co. (NASDAQ: PPCO), Qiagen NV (NASDAQ: QGEN), and QuinStreet, Inc. (NASDAQ: QNST).
AgFeed Industries, Inc. (NASDAQ: FEED) is down 10% this morning after its earnings showed “an extremely difficult operating environment as a result of a series of severe floods throughout its area of operations.” Shares are down 10.8% at $2.46 on over 65,000 shares.
Ambac Financial Group, Inc. (NYSE: ABK) is getting crushed after earnings because it disclosed that it is working on a bankruptcy filing as a contingency. Shares are down 23% at $0.69 on over 1.5 million shares.
Capital Product Partners L.P. (NASDAQ: CPLP) is trading lower on a secondary offering as it plans to offer 5.5 million units to acquire MR Tanker M/T Assos for $43.5 million in proceeds. Shares are down 7% at $8.48 on about 25,000 units.
Fossil, Inc. (NASDAQ: FOSL) is rising on stronger than expected second quarter earnings and a raised 2010 outlook. Shares are up 7.5% at $45.65 on almost 40,000 shares.
Grand Canyon Education, Inc. (NASDAQ: LOPE) beat earnings estimates, but its guidance was short of estimates. Can that be a shock considering the attack on for-profi education? Apparently it is an excuse to sell the stock all over again. Shares are down over 8% at $18.50 on thin volume. The 52-week trading range is $15.87 to $28.46.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) is getting roasted in the sun a bit after posting a profit and raising its sales views. Shares are down 3.3% at $6.35 on about 200,000 shares. The 52-week range is $3.22 to $6.95.
MBIA Inc. (NYSE: MBI) is trading up after it reported a profit in the quarter. Shares were up over 7% at $9.90 on over 400,000 shares.
Netflix, Inc. (NASDAQ: NFLX) is trading lower after signing a deal with EPIX where Netflix members can “instantly watch an array of new releases and library titles from EPIX streamed over the Internet from Netflix.” Shares are down 1.8% at $114.80 on over 30,000 shares.
Nuance Communications, Inc. (NASDAQ: NUAN) had soft earnings and guided in-line for the quarter ahead. It is an earnings nuance… Shares of the speech recognition software leader are down 9.4% at $15.74 on over 200,000 shares.
Penwest Pharmaceuticals Co. (NASDAQ: PPCO) is trading up only marginally after its Endo Pharmaceuticals buyout news. Shares are up almost 5% at $4.96 on the deal that gives the company almost no premium. The 52-week trading range was $1.80 to $4.89.
Qiagen NV (NASDAQ: QGEN) beat earnings but said it is eyeing large acquisitions. The ADRs are down 3.7% at $18.82 on 139,000 shares and the 52-week trading range is $18.06 to $24.00.
QuinStreet, Inc. (NASDAQ: QNST) is a recent IPO and it is surging after earnings. Shares are up 14.5% at $11.46 on only about 5,000 shares. Its post-IPO trading range is $9.91 to $18.25.
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JON C. OGG