Morning Movers (PLXS, NTCT, HSOL, FFIV, JCI)

Photo of Paul Ausick
By Paul Ausick Published

Invalid Image
There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Plexus Corp. (NASDAQ: PLXS), NetScout Systems Inc. (NASDAQ: NTCT), Hanwha SolarOne Co. Ltd. (NASDAQ: HSOL), F5 Networks Inc. (NASDAQ: FFIV), and Johnson Controls Inc. (NYSE: JCI)

After the first hour of trading, Plexus is up more than 13% at $37.64. Volume has already topped the daily average of 312,000 shares traded. The contract electronics manufacturer beat earnings estimates and has forecast higher revenues for the current quarter.

NetScout is up nearly 12% at $19.03. Volume is already higher than the daily average of 280,000 shares traded. The services delivery management company delivered better-than-expected revenues and earnings but lowered its EPS and revenue estimates for the full fiscal year.

Hanwha SolarOne is up nearly 9% at $2.04. Volume is near the average daily volume of 1.02 million shares traded. The solar panel maker is rising on expectations that prices have stabilized and that shipments will rise.

F5 Networks is up more than 11% at $120.89. Volume is already more than double the daily average of about 1.9 million shares traded. The network software maker reported better-than-expected quarterly revenues and earnings.

Johnson Controls is down more than -8% at $32.62. Volume is already nearly double the daily average of 4.7 million shares traded. The auto parts and control systems supplier posted solid earnings, but lowered forecasts.

Paul Ausick

Contact [email protected] for any questions or corrections.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

META Vol: 40,760,422
KMX Vol: 2,288,021
WY Vol: 6,523,553
SBAC Vol: 1,443,801
NVDA Vol: 148,249,982

Top Losing Stocks

MRNA Vol: 9,176,778
CTRA Vol: 73,319,495
CRWD Vol: 9,269,567
DDOG Vol: 5,135,556
EPAM Vol: 1,164,561