Investing

TOP DAY TRADER ALERTS (AEZS, AFFY, BIDU, BP, AIPC)

There are several stocks on the move this morning.

Aeterna Zentaris Inc. (NASDAQ: AEZS) announced positive study data for its growth hormone treatment.  Shares are up almost 7% at $1.26 on over 75,000 shares in the pre-market.

Affymax, Inc. (NASDAQ: AFFY) is down huge after reporting that its anemia drug met primary endpoints. Shares closed at $23.01, but the stock is down almost 65% at $8.07 on over 1.7 million shares.

Baidu, Inc. (NASDAQ: BIDU) is rallying with stocks and with China after the Yuan de-pegging news from the weekend.  Shares are up 3.3% at $76.59 on about 150,000 shares.

BP plc (NYSE: BP) is down 3.6% at $30.62 on heavy ADR volume.  The oil giant has said that the costs of cleaning up the oil spill already reached $2 billion.  Weekend reports put the company at raising up to $50 billion through debt and via asset sales.  The worst case scenario now have the leak being up to 100,000 barrels a day.

American Italian Pasta Co. (NASDAQ: AIPC) is soaring on active trading of more than 2 million shares after Ralcorp Holdings Inc. (NYSE: RAH) agreed to buy the company out for $1.2 billion.  Shares are up 26% at $52.62, well above the $44.00 high of the last 52-weeks.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Sponsor: 26 Cheap Stocks to Sell – Cheap stocks have been on a tear recently, but nine out of ten stocks are circling the drain!

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.