Among the major movers at around noon today are The McClatchy Co. (NYSE: MNI), Coinstar Inc. (NASDAQ: CSTR), Cybex International Inc. (NASDAQ: CYBI), NeurogesX Inc. (NASDAQ: NGSX), and Standard Pacific Corp. (NYSE: SPF).
Shares of McClatchy are up about 25% at $2.79. About 2.4 million shares have been traded so far today, compared with a 3-month daily average of about 1.2 million shares traded. The newspaper company reported stronger-than-expected earnings today. More coverage here.
Coinstar is up nearly 19% at $59.95 after posting a new 52-week high of $60.81 earlier. More than 10 million shares have traded this morning, compared with a 3-month daily average of around 1.1 million. The video rental company will join with Verizon Communications Inc. (NYSE: VZ) to offer a streaming video service to compete with Netflix Inc. (NASDAQ: NFLX) and others. We have more coverage here and here.
Cybex is up nearly 22% at $1.45 after posting a new 52-week high of $1.55 earlier. About 242,000 shares have traded this morning, compared with a 3-month daily average of less than 40,000. The sporting goods firm has settled a product liability suit for $19.5 million.
NeurogesX is down nearly -23% at $0.89. About 1.8 million shares have traded by mid-day, compared with a daily average of about 220,000. The pharmaceuticals firm has received a query from the Food and Drug Administration regarding the efficacy of its pain-relief patch.
Standard Pacific shares are up more than 13% at $4.59 after posting a new 52-week high of $4.85 earlier today. More than 9 million shares have already traded this morning, compared with a 3-month daily average of about about 2 million shares. The homebuilder posted good earnings today and reported that orders are up 8% in January.
Paul Ausick
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