This Monday has many stocks on the move for active traders and day traders.  Stocks on the move are A123 Systems, Inc. (NASDAQ: AONE), Ascent Solar Technologies Inc. (NASDAQ: ASTI), Arc Sight, Inc. (NASDAQ: ARST), Direxion Daily Financial Bull 3X Shares (NYSE: FAS), Dollar Thrifty Automotive Group Inc. (NYSE: DTG), OpenTable, Inc. (NASDAQ: OPEN), OXiGENE, Inc. (NASDAQ: OXGN), Seattle Genetics, Inc. (NASDAQ: SGEN), VMware, Inc. (NYSE: VMW), and Xerox Corporation (NYSE: XRX).

A123 Systems, Inc. (NASDAQ: AONE) is surging after it opened the largest lithium ion automotive battery manufacturing plant in North America.  The CEO has also been giving a CNBC interview to show how these batteries will be for domestic sale and will also be exported.  Shares are up 10.7% at $8.15 on over 150,000 shares.

Ascent Solar Technologies Inc. (NASDAQ: ASTI) is surging on news that it has a deal with Radiant Holding Ltd. in China to distribute its PV modules in China’s solar market.  Ascent shares are up 8.6% at $3.16.

Arc Sight, Inc. (NASDAQ: ARST) is trading higher by 25% at $44.07 on more than 2.5 million shares after Hewlett-Packard announced a $43.50 per share offer to acquire ArcSight for its security and compliance.

Direxion Daily Financial Bull 3X Shares (NYSE: FAS) is seeing a surge this morning on relief rallies in many financial shares this morning.  With the triple-leverage, shares are up 4% at $22.29 on more than 325,000 shares.

Dollar Thrifty Automotive Group Inc. (NYSE: DTG) is up 5.7% at $50.75 on over 140,000 on a sweetened $50 merger bid from Hertz.

OpenTable, Inc. (NASDAQ: OPEN) is trading up after Citigroup raised its rating to BUY from HOLD… Shares are up 4.1% at $59.21.

OXiGENE, Inc. (NASDAQ: OXGN) is surging on positive results against Anaplastic Thyroid Cancer treatment.  Shares are up 47%, but this is just a $0.40 stock even after the move.

Seattle Genetics, Inc. (NASDAQ: SGEN) is trading lower after a tria lof its leukemia drug failed to met their endpoints.  Shares are down nearly 5% at $12.10 on more than 200,000 shares.

VMware, Inc. (NYSE: VMW) is down after Barron’s noted cautiously about its growth prospects and that it is vulnerable to competition and trades at 61-times expected earnings.  Shares are down 1.3% at $83.80 on light trading.  It is surprising this did not take more of a bite out of the company.

Xerox Corporation (NYSE: XRX) was given the front-page cover story called “Just Try to Copy That” noting it could go to $14 or $15 in the next year.  Shares are trading up 5.5% at $9.61 on over 150,000 shares.

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

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