Top Active Trader Stock Alerts (BBBY, BRCD, NFLX, NOVL, RHT, RAD, VRTX)

Jon C. Ogg

Active traders and day traders have several key stocks to watch.  We are tracking moves in Bed Bath & Beyond Inc. (NASDAQ: BBBY), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Netflix, Inc. (NASDAQ: NFLX), Novell, Inc. (NASDAQ: NOVL), Red Hat, Inc. (NYSE: RHT), Rite Aid Corp. (NYSE: RAD) and Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX)

Bed Bath & Beyond Inc. (NASDAQ: BBBY) is again showing how its consumers are loyal and dedicated through good times and bad times after its earnings beat.  Shares are up another 4.6% at $44.00.

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is giving back some of yesterday’s buyout rumor gains.  So far we have seen a 1.75% drop to $6.15 in the pre-market.

Netflix, Inc. (NASDAQ: NFLX) is hitting a new 52-week high again (and again) after Blockbuster filed for Bankruptcy protection.  Shares closed at $156.93 and are trading up over $158.00.

Novell, Inc. (NASDAQ: NOVL) is down on word that valuations of its NetWare operations are slowing the auction process.  Shares are down over 6% and are under $6.10.

Red Hat, Inc. (NYSE: RHT) beat earnings and added subscription revenues again.   Shares are up 4.7% at $38.50 versus a $39.48 high over the last 52-weeks.

Rite Aid Corp. (NYSE: RAD) posted an even wider-than-expected and shares are down 10% at $0.99 on active volume.

Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) is lower after it priced its public offering of $375 million in convertible senior subordinated.  Shares are down almost 4% at $34.84.

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