Among the major movers at around noon today are Forward Industries Inc. (NASDAQ: FORD), Gevo Inc. (NASDAQ: GEVO), Quad Graphics Inc. (NYSE: QUAD), Vocus Inc. (NASDAQ: VOCS), and SodaStream International Ltd. (NASDAQ: SODA).
Forward Industries is up nearly 25% at $2.94. Volume is already about 5x the daily average of about 33,000 shares traded. The protective case maker has signed a partnership deal for a waterproof iPad case, and is certainly rising on the prospect of a new iPad 3 announcement next week from Apple Inc. (NASDAQ: AAPL).
Gevo is up nearly 21% at $10.75. Volume is already higher than the daily average of around 127,000 shares traded. The biofuel maker reports earnings after markets close today. The run-up could have the same effect on the market following a weak report from Pacific Ethanol Inc. (NASDAQ: PEIX).
Quad Graphics is up nearly 16% at $15.11. Volume is already double the daily average of around 246,000 shares traded. The printing company reported better-than-expected earnings this morning.
Vocus is down more than -39% at $13.72 after posting a new 52-week low of $13.10 earlier. Volume is already about 20x the daily average of around 160,000 shares traded. The marketing and public relations software maker has acquired privately held iContact for $169 million in cash and stock.
SodaStream is down more than -15% at $40.29. Volume is already 4x the daily average of around 1.2 million shares traded. The beverage equipment maker reported what appear to be good earnings today. More coverage here.
Paul Ausick
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