We have provided a list of top day trader and active trader alert stocks this morning with a brief explanation of each move as well as what the move and trading volume is. Time stamps are at approximately 8:45 AM EST.
Activision Blizzard, Inc. (NASDAQ: ATVI) is trading up about 6% at $10.72 on almost 200,000 shares after beating earnings handily last night.
Alcate-Lucent (NYSE: ALU) feels more like a perpetual Alcatraz-Losin’ than anything. The company had light revenues and gave a forecast that will be disappointing after you compare it to Cisco. Shares are down over 8% in New York ADRs at $2.92 on 700,000 shares.
Allegheny Energy Inc. (NYSE: AYE) is trading up 12% at $23.55 on 650,000 shares this morning after FirstEnergy (FE) is acquiring it in a $4.7 billion deal.
Boston Scientific Corporation (NYSE: BSX) is trading down 7.6% at $7.66 on reports that it has a design flaw in two defibrillators which can cause the devices to deliver potentially life-threatening shocks to the hearts of patients. There was also a downgrade at Deutsche Bank this morning.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) managed to beat earnings and raise its shipment forecasts for 2010. Earnings were $0.14 EPS vs. $0.11 EPS estimates and revenues rose 23.5% to $238.4 million versus $213.5 million consensus (Thomson Reuters consensus). It now expects shipments to exceed 900MW for 2010, above prior guidance in the range of 750MW to 800MW. Shares are up 8% at $5.04 on over 600,000 shares.
LeapFrog Enterprises Inc. (NYSE: LF) is soaring this morning after the company significantly beat earnings estimates and gave guidance in-line for 2010. Shares are up over 23% at $4.60 on over 40,000 shares.
YRC Worldwide, Inc. (NASDAQ: YRCW) is trading up for once… The company has entered into a note purchase agreement for $70 Million in new capital. This has shares up over 7% at $0.72, but we have not even seen 100,000 shares trade hands yet.
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JON C. OGG
FEBRUARY 11, 2010
