Stocks Crossing 50-Day SMA 01/03: (RIG) (VRNG) (FST) Above; (MSFT) (GME) (FTNT) Below

January 3, 2013 3:45 PM EST
Crossing and above:
  • Transocean Ltd. (NYSE: RIG) - up 6.2 percent. Popping after settling with the U.S. for a sum less than originally expected. For more color, click here.

  • Vringo (AMEX: VRNG) - up 17.5 percent. Shares ripping on a Seeking Alpha article making a case from why Vringo is a buy.

  • Forest Oil Corp. (NYSE: FST) - up 3.7 percent. Announced the sale of all of its properties located in South Texas, excluding its Eagle Ford Shale oil properties, for after-tax cash proceeds of $325 million.
Crossing and below:
  • Microsoft Corp (Nasdaq: MSFT) - down 1.4 percent. Tech giants pulling back following a run higher Wednesday on fiscal cliff exuberance. Microsoft ended the session up 3.4 percent yesterday.

  • GameStop (NYSE: GME) - down 6.0 percent. Lower on concerns that Sony (NYSE: SNE) might block pre-owned games from being playable on its upcoming PlayStation console. For more color, click here.

  • Fortinet Inc. (Nasdaq: FTNT) - down 8.5 percent. Network security/service providers seeing some pressure today, though nothing specific is being tied to the move.

  • Brocade (Nasdaq: BRCD) - down 4.2 percent. Pulling back after rising 7.1 percent Wednesday. Shares have been trapped in a $5.15 to $5.90 range over the last few months.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports, Technicals, Trader Talk

Related Entities

Stocks crossing the 50-day simple moving average

Add Your Comment