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.
| 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 | /tr>
| 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
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David Penn is Editor in Chief at TradingMarkets.com.