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 AGA Medical Holdings, Inc. (NASDAQ: AGAM), Apple Inc. (NASDAQ: AAPL), Ambac Financial Group, Inc. (NYSE: ABK), Fluor Corporation (NYSE: FLR), ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA), Lululemon Athletica Inc. (NASDAQ: LULU), PetMed Express, Inc. (NASDAQ: PETS), Seagate Technology PLC (NYSE: STX) and Western Digital Corp. (NYSE: WDC).

AGA Medical Holdings, Inc. (NASDAQ: AGAM) is surging after St. Jude Medical acquired the company for $1.4 billion or $20.80 per share versus a $14.71 close Friday and 52-week range of $11.61 to $18.95.  As with many deals, there is a premium to the premium merger in hopes of a better deal.  Shares are up 41% at $20.75 this morning.

Apple Inc. (NASDAQ: AAPL) is up this morning before tonight’s earnings report.  We have a full analyst outlay ahead of the numbers.  Shares are up 1.5% at $319.60 or so this morning.

Ambac Financial Group, Inc. (NYSE: ABK) is not seeing another big gap-up after last week’s mortgage/foreclosure-related win as the banks got hit.  Shares are down 1% at $1.04 on 350,000 shares.

Fluor Corporation (NYSE: FLR) is taking a hit after a $163 million charge in part to a offshore wind project.  Shares are down 5.1% at $49.21.

ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA) received FDA approval for its BROMDAY eye drop for the treatment of postoperative inflammation and reduction of ocular pain in patients who have undergone cataract extraction.  Shares are up 14% at $5.10 but the shares were up 20% earlier.

Lululemon Athletica Inc. (NASDAQ: LULU) is lower after Barron’s reported that the stock seemed to be overvalued.  Shares are down 2.2% at $45.01.

PetMed Express, Inc. (NASDAQ: PETS) posted $0.22 EPS vs. $0.26 estimates as sales rose 4.1%.  Shares are lower by over 12% at $13.93.

Seagate Technology PLC (NYSE: STX) is trading up again on word that Bain may join buyout talks over the pending Seagate acquisition that is reportedly coming.  Shares are up another 7.5% at $16.70 pre-market and this was a $12.69 stock before the rumors surfaced last week.

Western Digital Corp. (NYSE: WDC) is up in Seagate-hype and after Barron’s noted it as a potential LBO candidate.  Western was up Friday with Seagate as well.  Shares are up 2% at $32.55 and Western Digital was at $29.49 before the rumors came on Seagate.

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JON C. OGG

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