Investing
Top Active Trader Alerts (AIB, ARMH, BBBY, JAS, ERIC, MU, SQNM, VRGY)
Published:
Last Updated:
It may be the day before the holidays start, but traders and investors have several key movers to look at this morning. We are tracking moves in Allied Irish Banks plc (NYSE: AIB), ARM Holdings plc (NASDAQ: ARMH), Bed Bath & Beyond, Inc. (NASDAQ: BBBY), Jo-Ann Stores, Inc. (NYSE: JAS), LM Ericsson Telephone Co. (NASDAQ: ERIC), Micron Technology Inc. (NASDAQ: MU), Sequenom Inc. (NASDAQ: SQNM), and Verigy, Ltd. (NASDAQ: VRGY). We have shown the moves and added color on each.
Allied Irish Banks plc (NYSE: AIB) looks like it is being effectively nationalized. Shares are down 20% at $0.87 on 1.5 million shares.
ARM Holdings plc (NASDAQ: ARMH) is lower after big gains of the rumors O/S win. Shares are down 3.2% at $19.78 ahead of a long weekend.
Bed Bath & Beyond, Inc. (NASDAQ: BBBY) is up almost 6% at $50.49 at a new high above the prior $48.96 after it beat earnings, raised guidance, and announced a $2 billion share buyback plan.
Jo-Ann Stores, Inc. (NYSE: JAS) is surging on news that it will be acquired by Leonard Green & Partners, L.P. for $61.00 per share in cash; shares are up 33% at $60.81 on over 300,000 shares.
LM Ericsson Telephone Co. (NASDAQ: ERIC) is lower after Goldman Sachs downgraded the stock. Shares are indicated down only about 1.2% at $11.27 on 150,000 shares. It could have been worse…
Micron Technology Inc. (NASDAQ: MU) is lower after earnings were deemed short of estimates and as the company talked about soft PC demand and memory pricing pressures. Shares are down 2.8% at $8.05 on almost 700,000 shares.
Sequenom Inc. (NASDAQ: SQNM) is trading higher on news that “Sequenom CMM has commenced its pivotal clinical validation study for its SensiGene Trisomy 21 laboratory developed test.” Shares wer eup over 5% earlier but the stock is up 3.35% at $7.98 on over 50,000 share spre-market.
Verigy, Ltd. (NASDAQ: VRGY) is trading higher on a sweetened takeover offer to $15 per share; shares are up 8% at $13.65 on almost 4 million shares so far in the pre-market.
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
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
