Top Active Trader Alert Stocks (BP, CGNX, CCUR, OFC, ESLR, MPEL, WFR, MVIS, NTRI, TEAM)

Investing

Published: November 2, 2010 8:44 am

Last Updated: April 28, 2020 7:58 am

Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of BP plc (NYSE: BP), Cognex Corp. (NASDAQ: CGNX), Concurrent Computer Corporation (NASDAQ: CCUR), Corporate Office Properties Trust (NYSE: OFC), Evergreen Solar Inc. (NASDAQ: ESLR), Melco Crown Entertainment Ltd. (NASDAQ: MPEL), MEMC Electronic Materials Inc. (NYSE: WFR), Microvision Inc. (NASDAQ: MVIS), NutriSystem Inc. (NASDAQ: NTRI), and TechTeam Global, Inc. (NASDAQ: TEAM).

BP plc (NYSE: BP) is trading higher after the troubled oil giant returned to a profit, even if its well costs remain an open-ended issue. Shares are indicated up around $41.30 after a $40.70 close.

Cognex Corp. (NASDAQ: CGNX) beat earnings estimates after net income tripled and after guiding quarterly revenues ahead of estimates. Shares are trading up 6.5% at $28.40 at a new 52-week high above $27.99.

Concurrent Computer Corporation (NASDAQ: CCUR) is lower after posting an unexpected loss for the quarter. Shares closed at $6.90 and shares are down 28% at $4.96.

Corporate Office Properties Trust (NYSE: OFC) is lower this morning after announcing a 6.5 million shares secondary offering. Shares are indicated down about 4% just under $34.50 after a $35.87 close and against a 52-week range of $31.77 to $43.61.

Evergreen Solar Inc. (NASDAQ: ESLR) had a narrower loss than before but was light on estimates; shares are indicated down 7% at $0.89 this morning.

Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is hitting 52-week highs up over 7% at $7.00 after beating earnings with a surprise profit.

MEMC Electronic Materials Inc. (NYSE: WFR) missed Q3 earnings estimates and withdrew offering guidance. Shares were down over 10% last night in the after-hours session, but now shares are down ‘only’ about 3% around $12.30 in active trading.

Microvision Inc. (NASDAQ: MVIS) is down 14% at $1.72 after posting a wider than expected loss yesterday after the close. Volume is thin, but this marks a 52-week low as the prior 52-week trading range was $1.91 to $4.11.

NutriSystem Inc. (NASDAQ: NTRI) rose approximately 7% last night after beating earnings despite revenues being a tad light. This morning shares are trading up 5.6% at $19.85 in thin pre-market trading.

TechTeam Global, Inc. (NASDAQ: TEAM) is merging with a Stefanini IT Solutions affiliate for $8.35 per share; shares are trading up 16% at $8.30 on very thin trading volume.

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JON C. OGG

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