Archive for November 30th, 2009

Novavax Acts as Leaderboard Stock (NVAX)

Novavax, Inc. (NASDAQ: NVAX) may show how little key impact news there is, but it is the top mover today in percentage terms seen.  At 8:28 AM EST we have seen 75,000 shares trade (versus 6 million average) and the stock is up 6.6% at $3.20.  This is on news that it has completed enrollment [...]

Baidu Cut Close to 52-week Highs (BIDU)

Baidu, Inc. (NASDAQ: BIDU) is under pressure this morning on an analyst downgrade to Market Perform from Outperform at Bernstein.  At 8:25 AM EST we have seen only about 24,000 shares traded and the stock is down less than 1% at $436.00 on the last print.  The 52-week trading range is $100.50 to $443.25.  A [...]

Sinovac Gets a Small Boost (SVA)

Sinovac Biotech Ltd. (NASDAQ: SVA) is indicated higher this morning after the Chinese drug and biotech player was Reiterated as Overweight with an $11 target at Piper Jaffray.  At 8:17 AM EST we have only seen 8,000 shares trade and the gain is only 1.9% ahead of conference data,  Last week the company announced a [...]

US Steel Loves Goldman Conviction Buy (X, FCX)

US Steel Corp. (NYSE: X) is trading up this morning after it was added to Goldman Sachs’ coveted Conviction Buy List to replace Freeport McMoran (NYSE: FCX).  At 8:10 AM EST this has shares up almost 4% at $44.72 in the very early indications this morning on almost 75,000 shares.  The volume will increase as [...]