Stocks remained under pressure as of midday on Monday, as traders absorbed news of acquisition of Merrill Lynch
(
MER |
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PowerRating) by Bank of America
(
BAC |
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and the bankruptcy of Lehman Brothers Holdings
(
LEH |
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PowerRating). Shares of Lehman Brothers were among the worst performing on the day, down more than 90%. Shares of Merrill Lynch were up more than 17% as of midday.
What is moving higher on a day in which the Dow is down by more than 230 points halfway through the trading session? Today, that list includes Amylin
Pharmaceuticals
(
AMLN |
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PowerRating), which is up more than 5% and airlines stocks such as Continental Airlines
(
CAL |
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PowerRating), up more than 4% on the day.
Here is a list of stocks that have gained 20% or more so far in trading today.
| Name | Symbol | % Up |
|---|---|---|
| Napster Inc. | NAPS | +85.29 |
| Inplay Technologies Inc. | NPLA | +28.85 |
| Kemet Corporation | KEM | +26.61 |
Here is a list of stocks that have lost 20% or more so far in trading today.
| Name | Symbol | % Down |
|---|---|---|
| Lehman Brothers Holdings | LEH | -93.70 |
| Axcelis Technologies Inc. | ACLS | -67.51 |
| American International Group | AIG | -49.92 |
| Spanish Broadcasting System Inc. | SBSA | -36.59 |
| MRU Holdings Inc. | UNCL | -31.43 |
| Encorium Group Inc. | ENCO | -30.65 |
| OccuLogix Inc. | OCCX | -30.00 |
| Metro One Telecommunications | INFO | -26.79 |
| GFI Group Inc. | GFIG | -23.44 |
| Take Two Interactive Software | TTWO | -23.16 |
| Geopharma Inc. | GORX | -21.88 |
| WSB Financial Group Inc. | WSFG | -20.69 |
| Focus Enhancements Inc. | FCSE | -20.45 |
Source: MarketWatch
For a list of today's top-rated stocks, click here.
David Penn is Editor-in-Chief at TradingMarkets.com.
