Top Active Trader Alert Stocks (BIDU, CCME, KLIC, OREX, SIMO, VVUS)

Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of Baidu.com, Inc. (NASDAQ: BIDU), China MediaExpress Holdings (NASDAQ: CCME), Kulicke and Soffa Industries (NASDAQ: KLIC), Orexigen Therapeutics, Inc. (NASDAQ: OREX), Silicon Motion Technology Corporation (NASDAQ: SIMO), and Vivus, Inc. (NASDAQ: VVUS).

Baidu.com, Inc. (NASDAQ: BIDU) is up 9% premarket to $117.71, slightly above the company’s 52-week range of $41.68-$115.04. China’s Google has posted better-than-expected earnings.

China MediaExpress Holdings (NASDAQ: CCME) is down 8% premarket to $16.48, relative to a 52-week range of $7.58-$23.97.

Kulicke and Soffa Industries (NASDAQ: KLIC) is up 10% premarket to $10.70, relative to a 52-week range of $4.65-$10.00. K&S reported better-than-expected first quarter results.

Orexigen Therapeutics, Inc. (NASDAQ: OREX) has lost roughly 75% of its value on 7.7 million shares traded. Shares of OREX have dropped to $2.43, relative to a 52-week range of $3.81-$11.15.  The FDA expressed serious concerns over the company’s weight loss drug, and demanded the company conduct further tests.

Silicon Motion Technology Corporation (NASDAQ: SIMO) is up 16.5% to $6.48, relative to a 52-week range of $2.64-$6.50. The company reported much better than expected quarterly revenue.

Vivus, Inc. (NASDAQ: VVUS) is down 7% on heavy volume to $8.34, relative to a 52-week range of $4.69-$13.68. Much of this loss may be pullback from yesterday’s gain.

Michael B. Sauter