At about 12.30 p.m. ET today, the three major equity indexes remain mixed, with the DJIA down about 34 points at about 12,844, the Nasdaq up about 14 points at around 2,946, and the S&P 500 is up more than 2 points to 1,353. All have lost ground since the opening, with the DJIA down the most. The dollar has gained strength against the euro and lost strength versus the British pound and the Japanese yen. The dollar index is up 0.192 at 79.576, up more than 0.2% from its pre-open level.
Among the major movers at around noon today are Seanergy Maritime Holdings Corp. (NASDAQ: SHIP), Cybex International Inc. (NASDAQ: CYBI), China Sky One Medical Inc. (NASDAQ: CSKI), Christopher & Banks Corp. (NYSE: CBK), and Vonage Holdings Corp. (NYSE: VG).
Seanergy is up nearly 25% at $3.63. Volume is already about 25x the daily average of around 18,000 shares traded. The dry bulk shipper reported an unexpected profit this morning.
Cybex is up nearly 22% at $1.85 after posting a new 52-week high of $2.01 earlier this morning. Volume is about 8x the daily average of around 50,000 shares traded. The sporting goods maker posted better-than-expected earnings this morning.
China Sky One is down more than -28% at $1.10. Volume is nearly 10x the daily average of about 285,000 shares traded. The nutritional supplement company’s shares have been stopped following the resignations of 26 managers and the reported illness of the CEO.
Christopher & Banks is up more than 11% at $2.52. Volume is about double the daily average of 223,000 shares traded. The clothing retailer is leading the retail sector bump today.
Vonage is down nearly -14% at $2.35. Volume is 6x the daily average of about 1.2 million shares traded. The Internet phone company reported in-line fourth-quarter revenues and earning, but projected higher expenses in 2012.
Paul Ausick
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