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.
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JON C.OGG
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