There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include LiveDeal Inc. (NASDAQ: LIVE), Cell Therapeutics Inc. (NASDAQ: CTIC), American DG Energy Inc. (NASDAQ: ADGE), China Sky One Medical Inc. (NASDAQ: CSKI), and Bacterin International Holdings Inc. (NASDAQ: BONE).
After the 45 minutes of trading this morning, LiveDeal is up nearly 23% at $3.76. Volume is already nearly equal to the daily average. The customer acquisition company regained its compliance with Nasdaq listing requirements.
American DG Energy is up about 4% at $1.60. Volume is already higher than the daily average. The energy systems maker has signed a 15-year energy supply agreement with a 225-unit high-rise in New Jersey.
China Sky One Medical is down nearly -19% at $0.92, after posting a new 52-week low of $0.89 earlier. Volume is already more than double the daily average. The nutritional supplement maker’s CFO resigned, following the CEO’s decision last week to take a medical leave.
Bacterin is up about 4% at $2.60. Volume has nearly reached the daily average. The medical device maker’s stock is down -46% for the year and today’s increase likely indicates some value hunting on the part of investors.
Paul Ausick