Investing
Active Trader Alert Stocks (AAPL, ARNA, EXPE, LEN, ID, OPEN, AMTD)
Published:
Last Updated:
There are many stocks on the move this Monday morning for active traders. Stocks we are tracking are Apple Inc. (NASDAQ: AAPL), Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Expedia Inc. (NASDAQ: EXPE), Lennar Corp. (NYSE: LEN), L-1 Identity Solutions Inc. (NYSE: ID), Open Table, Inc. (NASDAQ: OPEN), and TD Ameritrade Holding Corporation (NASDAQ: AMTD).
Apple Inc. (NASDAQ: AAPL) is trading higher after Kaufman Bros. raised its price target on Apple to $374 from $350 after strong iPad momentum was seen in channel checks. Shares are up 0.4% at $276.44, but keep in mind that the 52-week high and all-time high is $279.01.
Arena Pharmaceuticals Inc. (NASDAQ: ARNA) is trading up marginally in early trading around $2.05. This is after its diet drug failed and shares went from a $3.74 close on Thursday to a close of $1.99 on 80+ million shares. Trading volume is still very light but is picking up.
Expedia Inc. (NASDAQ: EXPE) is down about 2% at $28.19 after being downgraded this morning by Oppenheimer.
Lennar Corp. (NYSE: LEN) shares are up over 5% at $14.75 after the homebuilder reported earnings of $0.16 EPS vs. $0.05 expected. Revenues were also much higher at $825 million.
L-1 Identity Solutions Inc. (NYSE: ID) is trading up 19% at $11.60 after the security solutions provider agreed to be acquired by Safran for $12.00 per share in cash for $1.1 billion in total equity.
Open Table, Inc. (NASDAQ: OPEN) is seeing share hit after Barron’s wrote that its “sky-high valuation could lead to indigestion for investors in the restaurant-reservation Website. Why it might be time to leave the table.” Shares are down 3% at $63.17 in early indications.
TD Ameritrade Holding Corporation (NASDAQ: AMTD) was given a positive article in Barron’s saying not to count the discount broker out. Shares are indicated up 4% at $16.35 on fairly thin volume.
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
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
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.
Latest from 24/7
