There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include BankAtlantic Bancorp Inc. (NYSE: BBX), Midas Inc. (NYSE: MDS), Omeros Corp. (NASDAQ: OMER), Coleman Cable Inc. (NASDAQ: CCIX), and Majesco Entertainment Co. (NASDAQ: COOL).
BankAtlantic is up more than 92% at $3.71. Volume is already 7x the daily average of about 78,000 shares traded. The bank holding company received a sweetened deal this morning on its pending acquisition by BB&T Corp. (NYSE: BBT).
Midas is up more than 27% at $11.44 after posting a new 52-week high of $11.47 earlier this morning. Volume is already more than 160x the daily average of about 52,000 shares traded. The auto parts maker and retailer has accepted a buyout from Japan’s Sumitomo for $11.50/share, or $173 million.
Omeros is up about 19% at $9.10 after posting a new 52-week high of $9.91 earlier. Volume is already more than 6x the daily average of around 66,000 shares traded. The biopharmaceutical company’s reported a successful phase III drug trial this morning.
Coleman Cable is down more than -20% at $10.30. Volume is already more than 9x the daily average of around 52,000 shares traded. The electrical equipment maker reported weak quarterly earnings and offered a weak forecast this morning.
Majesco is down nearly -13% at $2.59. Volume is already higher the daily average of around 870,000 shares traded. The video game maker reported weak earnings last night. More coverage here.
Paul Ausick
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