There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include VIST Financial Corp. (NASDAQ: VIST), RealNetworks Inc. (NASDAQ: RNWK), Netflix Inc. (NASDAQ: NFLX), Enterprise Financial Services Corp. (NASDAQ: EFSC), and Monster Worldwide Inc. (NYSE: MWW)
After the first hour of trading, VIST is up more than 65% at $11.40, a new 52-week high. Volume is nearly 4x the daily average of about 8,300 shares traded. The bank holding company has agreed to be acquired by Tompkins Financial Corp. (AMEX: TMP) in an all-stock deal at an 86% premium to last night’s closing price, or about $85 million.
RealNetworks is up more than 33% at $9.80. Volume is already about 5x the daily average of about 116,000 shares traded. The digital media company has sold a video codec and a number of patents to Intel Corp. (NASDAQ: INTC) for $120 million.
Netflix is up more than 22% at $116.35. Volume is already greater than average daily of 8.9 million shares traded. The digital video streaming and rental company reported a better-than-expected number of new subscribers after markets closed last night.
Enterprise Financial Services is down nearly -16% at $13.00. Volume is already equal to the daily average of about 47,000 shares traded. The bank holding company will restate earnings for 2010 and the first three quarters of 2011 and expects to dilute 2010 earnings by half as a result.
Monster Worldwide is down more than -16% at $7.50. Volume is already about 75% of the daily average of 935,000 shares traded. The online employment company missed estimates and has announced that it will cut 400 jobs.
Paul Ausick
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.