Stocks were enjoying their third consecutive up day in both the S&P 500 and Dow industrials as of midday on Thursday. Financial shares were again among the most impressive stocks to the upside, with Wachovia Corporation (WB | Quote | Chart | News | PowerRating) up more than 8% and both American International Group (AIG | Quote | Chart | News | PowerRating) and Washington Mutual (WM | Quote | Chart | News | PowerRating) gaining more than 5% by midday on the day.
Among the biggest midday movers on the day are Cell Genesys Inc. (CEGE | Quote | Chart | News | PowerRating), which is up for the second day in a row after a massive gap down at the open yesterday, and MBIA Inc. (MBI | Quote | Chart | News | PowerRating), up more than 20% at midday and looking likely to close above its 200-day moving average for the first time since October 2007.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| Triad Guaranty Inc. | TGIC | +34.39 |
| South Texas Oil Company | STXX | +23.91 |
| Vermillion Inc. | VRML | +23.39 |
| Evans & Sutherland Computer | ESCC | +21.84 |
| Biodelivery Sciences International Inc. | BDSI | +21.74 |
| MBIA Inc. | MBI | +21.54 |
| Cell Genesys Inc. | CEGE | +20.49 |
| Mdi Inc. | MDII | +20.18 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Vocaltec Communications Ltd. | VOCL | -23.08 |
| Franklin Credit Management Corporation | FCMC | -20.45 |
For a list of today's top-rated stocks, click here.
David Penn is Editor-in-Chief at TradingMarkets.com.