Investing

Mornings Movers (LCAV, LPHI, APKT, PRGS, TIVO)

There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include LCA-Vision Inc. (NASDAQ: LCAV), Life Partners Holdings Inc. (NASDAQ: LPHI), Acme Packet Inc. (NASDAQ: APKT), Progress Software Corp. (NASDAQ: PRGS), and Tivo Inc. (NASDAQ: TIVO).

After the first hour of trading this morning, LCA-Vision is up nearly 26% at $3.88. Volume is already nearly double the daily average. The laser vision correction system provider said that it performed more than 14,000 procedures in the fourth quarter, up 30% year-over-year.

LIfe Partners is down nearly -28% at $4.56. Volume is nearly 6x the daily average. The life insurance company has been accused of accounting fraud by the US Securities and Exchange Commission.

Acme Packet is down more than -20% at $25.42, after posting a new 52-week low of $25.20 earlier. Volume is already more than double the daily average. The networking company warned on earnings last night. We have more coverage here.

Progress Software is down more than -11% at $17.57. Volume has already surpassed the daily average. The enterprise software company reported weak quarterly earnings after markets closed yesterday.

Tivo is up nearly 9% at $9.69. Volume is already about 50% higher than the daily average. The digital video recorder maker has reached a settlement with AT&T Inc. (NYSE: T) under which AT&T will pay Tivo at least $215 million to license Tivo technology.

Paul Ausick