Archive for July 23rd, 2009

After-Hours Price/Volume Winner: SunPower (SPWRA, SPWRB, FSLR, STP, ENER)

SunPower Corp. (NASDAQ: SPWRA) managed and upside surprise for the quarter and guided higher for the year. SPWRA has traded 833,000 shares after the close and is up almost 18% at $29.25 as of 5:26 PM EST.  The SPWRB shares are up almost 19% at $25.60, but on volume of 122,000 since the close.  SPWRA [...]

Late-Day Volume Alert: Wynn Resorts (WYNN)

Wynn Resorts Ltd. (WYNN) got a bit of a pop here in volume over the last 15 minutes.  We have seen almost a million shares in that time trade and as of 2:45 PM EST there was over 5.5 million shares listed as the volume of the day.  When you consider its average volume is [...]

Options Activity Alert: Alpha Natural Resources (ANR)

Coal supplier Alpha Natural Resources, Inc. (NYSE: ANR), a name where options action has had major predictive power in the past, is seeing call activity soar today with more than 5,800 August $35 calls and 2,250 August $40 calls trading.  Additional action in the September $32.50 and $35 calls as well with shares trading at [...]

VOLLUME ALERT: iRobot (IRBT)

iRobot Corp. (Nasdaq: IRBT) shares are down about 10 percent to $11.39 on nearly two times average daily volume, with more than 100,000 shares changing hands as of 11 a.m. Eastern. The company beat second-quarter earnings expectations, but guided third-quarter revenue below analyst consensus. The stock was downgraded to Sell at Dougherty & Company with [...]

VOLUME ALERT: Chindex (CHDX, ISRG)

Chindex International Inc. (Nasdaq: CHDX) shares are up 13 percent to $13.59 with nearly two times average daily volume traded as of 10:45 a.m. Eastern. The company appears to be benefiting from strong earnings results from Intuitive Surgical Inc. (Nasdaq: ISRG), which beat expectations and increased its procedure growth guidance for 2009 to more than [...]

VOLUME ALERT: Cohu (COHU)

Cohu Inc. (Nasdaq: COHU) shares are up more than 25 percent to $12.84 on more than three times average daily volume. The stock was upgraded to Buy with a $13 target at Needham & co. after the company posted a second-quarter net loss of 6 cents a share, vs. a single analyst estimate of a [...]

PREMARKET ALERT: Celgene (CELG)

Celgene Corp. (Nasdaq: CELG) shares are up more than 10 percent to $51.97 in premarket volume of more than 60,000 shares shortly after 8 a.m. Eastern. The company reported in-line earnings of 64 cents a share, and revenue that rose 10 percent to $629 million, slightly ahead of consensus. The company reported that its Revlimid [...]

PREMARKET ALERT: Orexigen Therapeutics (OREX)

Orexigen Therapeutics Inc. (Nasdaq: OREX) shares are down more than 5 percent to $7.83 in premarket trading of more than 200,000 shares just after 8 a.m. Eastern. It is among the most active Nasdaq names this morning. The company after Wednesday’s session proposed a 9 million-share secondary offering of its common stock. — Mike Tarsala

PREMARKET ALERT: Qualcomm (QCOM)

Qualcomm Inc. (Nasdaq: QCOM) shares are down 4 percent to $46.35 in premarket trading near 8 a.m. of less than 5,000 shares; the stock had been among the most active after-hours issues. The company beat fiscal third-quarter earnings expectations, but guided only in line for fiscal Q4. Analysts at First Charter raised concerns about the [...]

PREMARKET WATCH: Pacific Sunwear (PSUN)

Pacific Sunwear of California Inc. (Nasdaq: PSUN) shares fell more than 13 percent to $2.94 on after hours volume of more than 22,000 shares, among the busiest after-hours sessions for the stock this year. The clothing and accessories retailer guided EPS to an expected loss between 22 and 24 cents a share, lower than previous [...]