Active traders have several key movers to focus upon for their return after a long weekend. We are tracking some key moves in Oracle Corporation (NASDAQ: ORCL), Hewlett-Packard Company (NYSE: HPQ), Casey’s General Stores Inc. (NASDAQ: CASY), China Sky One Medical, Inc. (NASDAQ: CSKI), Green Dot Corporation (NYSE: GDOT), and Idenix Pharmaceuticals Inc. (NASDAQ: IDIX).
Oracle Corporation (NASDAQ: ORCL) is trading up 7.7% at $24.70 on more than 2 million shares after hiring Mark Hurd as co-president now that he is out of Hewlett-Packard Company (NYSE: HPQ). HP shares are indicated down nearly 1%… If anyone can give Oracle a leg up for free over equipment in competing against HP, it is Mark Hurd.
Casey’s General Stores Inc. (NASDAQ: CASY) is trading higher this morning after earnings and after recommending holder NOT tender their shares. The company said something about a $45 book value. Shares are up 6.7% at $41.51 at a new 52-week high above the prior $39.56 high.
China Sky One Medical, Inc. (NASDAQ: CSKI) is getting crushed after lowering guidance after distributor partner dropped a pact over disclosing its business practices in filings. Shares are down 28% at $6.96, a 52-week low under the prior $8.82.
Green Dot Corporation (NYSE: GDOT) is trading up 2.3% around $51.00 now that its quiet period ended.
Idenix Pharmaceuticals Inc. (NASDAQ: IDIX) is down almost by half after putting its Hep-C drug on clinical hold over safety issues. Shares are down a whopping 47% at $3.15 on over 50,000 shares.
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JON C. OGG
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