Day traders and active traders have many stocks on the move to choose from this Friday. Some of the top percentage movers and standout stocks are Alcatel-Lucent (NYSE: ALU), Coinstar Inc. (NASDAQ: CSTR), Geron Corp. (NASDAQ: GERN), Orexigen Therapeutics Inc. (NASDAQ: OREX), Power-One, Inc. (NASDAQ: PWER), Google Inc. (NASDAQ: GOOG), Baidu, Inc. (NASDAQ: BIDU), TeleNav, Inc. (NASDAQ: TNAV), and Wynn Resorts Ltd. (NASDAQ: WYNN).
Alcatel-Lucent (NYSE: ALU) is trading up despite reporting a loss as the company said it can reach its 2010 goals. Shares are trading up 10% at $2.86 on about 1.4 million shares (ADRs) this morning.
Coinstar Inc. (NASDAQ: CSTR) is trading lower after earnings because of an outlook short of estimates and lower DVD growth in the RedBox unit. Shares are down 8.1% at $44.20 on about 70,000 shares.
Geron Corp. (NASDAQ: GERN) is trading up sharply on word that the company will proceed with its first human clinical trial of embryonic stem cell-based therapy for spinal cord therapy. Shares are up almost 12% at $5.37 on over 120,000 shares.
Orexigen Therapeutics Inc. (OREX) reported that published results show that its obesity drug Contrave did help ptatients lose weight and that brought on secondary benefits. Shares are up 8.6% at $5.16 on over 150,000 shares.
Power-One, Inc. (NASDAQ: PWER) is trading higher after beating earnings estimates and raising guidance. Shares are trading up over 15% at $11.48 on about 275,000 shares.
Google Inc. (NASDAQ: GOOG) and Baidu, Inc. (NASDAQ: BIDU) are normalizing this morning as it appears that the blockage of access in China for most of Google seems to have been overblown. Baidu shares are up 0.4% at $79.50 on over 75,000 shares and Google shares are down 1.1% at $479.30 on light volume.
TeleNav, Inc. (NASDAQ: TNAV) is getting horse whipped this morning as its earnings report brought on woes of its Sprint revenues. This company has been public a very short time. Shares are down almost 30% at $6.30 this morning, but only on about 10,000 shares.
Wynn Resorts Ltd. (NASDAQ: WYNN) is trading lower despite its profits having more than doubled. Shares are down 3.6% at $84.70 on over 25,000 shares.
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JON C. OGG
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