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Trading Where the Action Is!

By David Penn | TradingMarkets.com
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Stocks were pulling back from early morning gains as of midday, reaching negative territory shortly after noon Eastern.

Amazon.com (AMZN | Quote | Chart | News | PowerRating) was among the stocks moving lower as of midday, down nearly 5% on retail industry reports that the holiday sales growth will be the slowest in six years. Also moving lower in the Nasdaq was Broadcom (BRCM | Quote | Chart | News | PowerRating), which was down more than 5% as of midday on Tuesday.

Notable midday gainers include Tempur Pedic International Ltd. (TPX | Quote | Chart | News | PowerRating), up more than 9% and a pair of airlines stocks in AMR Corporation (AMR | Quote | Chart | News | PowerRating) and Southwest Airlines (LUV | Quote | Chart | News | PowerRating), both gaining more than 5% halfway through trading on Tuesday.

Here is a list of stocks that have gained 20% or more so far in trading today.

/tr>
Name Symbol % Up
Neomagic Corporation NMGC +71.78
Fannie Mae FNM +54.43
Freddie Mac FRE +50.59
Vermillion Inc. VRML +37.14
Mexican Restaurants Inc. CASA +32.80
Hydrogen Corporation HYDG +31.67
Mod Pac Corporation MPAC +22.15
Edap Tms S.A. ADR EDAP +21.62
Nexcem Brands Inc. NEXC +21.47

Here is a list of stocks that have lost 20% or more so far in trading today.

Name Symbol % Down
Mru Holdings Inc. UNCL -30.58
Loud Technologies Inc. LTEC -30.31
Angiotech Pharmaceuticals Inc. ANPI -26.87
Cache Inc. CACH -26.00
Fx Real Estate & Entertainment Inc. FXRE -24.70
Dollar Thrify Automotive Group DTG -22.86
Xtent Inc. XTNT -20.11

Source: MarketWatch

For a list of today's top-rated stocks, click here.

David Penn is Editor in Chief at TradingMarkets.com.


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