Investing

Top Active Trader Alert Stocks (APOL, COCO, DV, ESI, AT, EMC, FSLR, LSTR, MGM, SIRI, YHOO, ZAGG)

Jon C. Ogg

Active traders and day traders have many stocks to choose from this Wednesday morning.  We are tracking news and moves in shares of Some of the most active stocks or largest moves seen in shares of Apollo Group Inc. (NASDAQ: APOL), Corinthian Colleges Inc. (NASDAQ: COCO), DeVry Inc. (NYSE: DV), and ITT Educational Services, Inc.(NYSE: ESI).  We are also tracking moves in Atlantic Power Corporation (NYSE: AT), EMC Corp. (NYSE: EMC), First Solar, Inc. (NASDAQ: FSLR), Landstar System Inc. (NASDAQ: LSTR), MGM Resorts International (NYSE: MGM), SIRIUS XM Radio Inc. (NASDAQ: SIRI), Yahoo! Inc. (NASDAQ: YHOO), and ZAGG Incorporated (NASDAQ: ZAGG).

Apollo Group Inc. (NASDAQ: APOL) beat earnings but looked like a disaster after earnings because of changes to the model and it withdrawing all guidance.  Shares have seen at least two downgrades so far.  Apollo shares are down even worse with a drop of 18% at $40.46; Corinthian Colleges Inc. (NASDAQ: COCO) is down almost 8% at $5.55; DeVry Inc. (NYSE: DV) is down 7.5% at $46.80; ITT Educational Services, Inc.(NYSE: ESI) is down 8.5% at $60.26.

Atlantic Power Corporation (NYSE: AT) is lower after it priced 5,245,000 common shares at a price of US$13.35 per share.  Shares are down only 0.35% at $13.45 and the stock has a 52-week range of $9.63 to $14.38.

EMC Corp. (NYSE: EMC) is rising on new Greenplum data analysis systems.  Shares are up 3.45 at $21.00 on almost 700,000 shares.

First Solar, Inc. (NASDAQ: FSLR) is rising after reporting that two new manufacturing plants are planned; shares are up 2.2% at $140.00.  Just yesterday we highlighted how the solar stock rally was starting to look stretched.

Landstar System Inc. (NASDAQ: LSTR) fell after reporting earnings as it will take an additional contingent price on its NLM acquisition despite revenue growth of 24%.  Shares are down 5.25 at $36.88 but volume is thin.

MGM Resorts International (NYSE: MGM) had a monster secondary yesterday and is seeing a slight bounce from the sell-off after being defended: shares were raised to Outperform at BMO.  The casino shares are up 1.1% at $12.24 but that is on more than 200,000 shares and is on the heels of a drop from $13.61 to $12.10 on the secondary dilution.

Yahoo! Inc. (NASDAQ: YHOO) is surging on reports tha AOL Inc. (NYSE: AOL) and/or private equity buyers are lining up around the Internet property.  Yahoo! shares are up 14.5% at $17.46 after a strong Wednesday.  No real move has been seen in AOL this morning. Yahoo! has traded more than 13 million shares with about 45 minutes until the market opens.

SIRIUS XM Radio inc. (NASDAQ: SIRI) is up yet again after Moody’s raised its rating on a debt refinancing that priced very well for the company last night.  Shares are up 1.4% at $1.42 on over 1 million shares and the high of he year was put in yesterday at $1.44.

ZAGG Incorporated (NASDAQ: ZAGG) is surging after reporting that earnings will beat expectations.  Shares are up almost 30% at $6.65 versus a 52-week range of $1.90to $7.00.

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JON C. OGG