Active traders and day traders have several key stocks to watch. We are tracking moves in Bed Bath & Beyond Inc. (NASDAQ: BBBY), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Netflix, Inc. (NASDAQ: NFLX), Novell, Inc. (NASDAQ: NOVL), Red Hat, Inc. (NYSE: RHT), Rite Aid Corp. (NYSE: RAD) and Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX)
Bed Bath & Beyond Inc. (NASDAQ: BBBY) is again showing how its consumers are loyal and dedicated through good times and bad times after its earnings beat. Shares are up another 4.6% at $44.00.
Brocade Communications Systems, Inc. (NASDAQ: BRCD) is giving back some of yesterday’s buyout rumor gains. So far we have seen a 1.75% drop to $6.15 in the pre-market.
Netflix, Inc. (NASDAQ: NFLX) is hitting a new 52-week high again (and again) after Blockbuster filed for Bankruptcy protection. Shares closed at $156.93 and are trading up over $158.00.
Novell, Inc. (NASDAQ: NOVL) is down on word that valuations of its NetWare operations are slowing the auction process. Shares are down over 6% and are under $6.10.
Red Hat, Inc. (NYSE: RHT) beat earnings and added subscription revenues again. Shares are up 4.7% at $38.50 versus a $39.48 high over the last 52-weeks.
Rite Aid Corp. (NYSE: RAD) posted an even wider-than-expected and shares are down 10% at $0.99 on active volume.
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) is lower after it priced its public offering of $375 million in convertible senior subordinated. Shares are down almost 4% at $34.84.
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JON C. OGG
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