Investing

Top Active Trader Alert Stocks (ALU, ALKS, CLWR, CSX, DRYS, INTC, JPM, LLTC, MXIM, MGM, NLST, PLAB)

Active traders and day traders have many stocks to choose from this Wednesday morning.  We are tracking news and moves in shares of Some of the most active stocks or largest moves seen in shares of Alcatel-Lucent (NYSE: ALU), Alkermes, Inc. (NASDAQ: ALKS), Clearwire Corporation (NASDAQ: CLWR), CSX Corp. (NYSE: CSX), DryShips, Inc. (NASDAQ: DRYS), Intel Corporation (NASDAQ: INTC), JPMorgan Chase & Co. (NYSE: JPM), Linear Technology Corp. (NASDAQ: LLTC), Maxim Integrated Products Inc. (NASDAQ: MXIM), MGM Resorts International (NYSE: MGM), Netlist Inc. (NASDAQ: NLST), and Photronics, Inc. (NASDAQ: PLAB).

Alcatel-Lucent (NYSE: ALU) is trading up after Jefferies raised its rating to BUY this morning.  Shares are up 3% at $3.72 in active pre-market trading.

Alkermes, Inc. (NASDAQ: ALKS) is higher after the FDA granted wider approval of its Vivitrol for the treatment of opioid addiction.  Shares are up 2.2% at $16.02.

Clearwire Corporation (NASDAQ: CLWR) is higher on reports that it may seek to get up to $5 billion for part of a spectrum sale.  Shares are up 9.6% at $7.40 in the pre-market.

CSX Corp. (NYSE: CSX) is higher after beating earnings expectations.  Shares are up 4.3% at $59.75 versus a 52-week range of $41.81 to $62.00.

DryShips, Inc. (NASDAQ: DRYS) is trading higher this morning with some transport names and shares are up 2.6% at $4.69 on more than 100,000 shares.

Intel Corporation (NASDAQ: INTC) is trading higher after beating earnings and issuing guidance that was above the estimates at the mid-point. Shares are up 1.3% at $20.02 in active trading.

J.P. Morgan Chase & Co. (NYSE: JPM) posted $1.01 EPS versus estimates of close to $0.90 EPS despite some problems still existing in many areas.  Shares are up 1.5% at $41.01 so far, but we all know bank earnings can go either way throughout the day.

Linear Technology Corp. (NASDAQ: LLTC) had what appears to be light earnings and light guidance ahead.  Shares are down almost 4% at $30.30.  We would watch Maxim Integrated Products Inc. (NASDAQ: MXIM) on the news as these two are often considered each others closest peers.

MGM Resorts International (NYSE: MGM) is lower on word that Kirk Kerkorian will sell shares now that Las Vegas is recovering.  Shares are down 6.1% at $12.78 on more than 2 million shares.

Netlist Inc. (NASDAQ: NLST) is higher after it was awarded a patent for its proprietary Planar-X technology.  Shares of the cult stock are up 3.2% at $3.51.

Photronics, Inc. (NASDAQ: PLAB) may have just been a pre-market trade that was ‘hit at market’ because it still has a wide bid-ask spread.  Shares are listed as being up nearly 7% at $6.20, but most of the prior trades were $6.00 to $6.14.

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JON C. OGG

 

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