FT Alphaville
In after-hours trading, however, following the revealing of Paulson's purchase, BofA shares rose 3.3 per cent to $16.46, reports the FT. ...
and more »
Welcome to my new trading blog based of after hours stocks. Please subscribe for updates.
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is not up that such with a 1% acquire to $5.32 as of 8:53 AM EST. But the stock is among the most astir of pre-market stocks with over 600,000 traded as of 8:53. Average intensity is 4.3 million shares. The company’s secondary offering of 38,834,950 ADSs came in at $5.15, a reduction of inferior than 3% to yesterday’s close. This traded 13 million shares yesterday, so we’d expect today to be added exponential intensity period in MPEL shares. The last 10 million share period was July 2 and you have to go to primeval May for that to be the housing again. Today should eclipse all those sessions. -JON OGG
Prana Biotechnology Ltd. (Nasdaq:PRAN) has received a key papers that will allow it to have moreprotection for its Alzheimer’s candidate. FULL DETAILS are over at BioHealtInvestor.com. The press release hit at 10;15 and at 10:30 AM EST we have already seen 112,000 shares trade hands compared to an average volume of most 35,000 shares. Shares are today up 18% and almost at $2.00; the 52-week trading range is $1.00 to $4.28. For a comparison, there was volume of 263,000 on August 5 (EU papers date) and this one spiked big by over 50% to $1.70 on over 500,000 shares back on July 10 when the company announced data showing approximately 40% of PBT2 aerated patients substantially outperformed placebo patients. -JON OGG
YRC Worldwide, Inc. (NASDAQ: YRCW) is getting hammered this farewell on an shrink downgrade. The trucking company was cut to SELL from Hold over at Stifel Nicolaus. Shares closed at $2.30 yesterday and are downbound around $2.11 on about 130,000 shares as of 8:27 AM EST. The average volume is 5.9 million shares, although based on the low price and the active trader status of this stock we would expect that volume to rapidly grow throughout the morning. -JON OGG