Stocks Crossing 50-Day SMA 02/05: (JCP) (VVUS) (TER) Above; (NIHD) (EW) (TE) Below

February 5, 2013 3:20 PM EST
Crossing and above:
  • J.C. Penney Co., Inc. (NYSE: JCP) - up 4.9 percent. Declares a Notice of Default is invalid. For more color on the declaration, click here.

  • VIVUS, Inc. (Nasdaq: VVUS) - up 6.4 percent. Moving higher amid strong Qsymia data out on Monday. BlockRock also filed an amended 13G today, though that is less likely to move the shares up 6 percent. VIVUS has been caught in a high-$11 to high-$12 range over the last few sessions, flattening the 50-day SMA.

  • Teradyne (NYSE: TER) - up 4.1 percent. Cowen started coverage on Teradyne at Outperform today, adding a little support to recent movement.
Crossing and below:
  • NII Holdings, Inc. (Nasdaq: NIHD) - down 8.9 percent. NII hit following preliminary fourth-quarter and 2012 results. For more color, click here.

  • Edwards Lifesciences Corp. (NYSE: EW) - down 6.5 percent. Topped fourth-quarter views and issued flat guidance for Q1 and FY13. After trading in an $89 to $92 range recently, shares are breaking below on momentum.

  • TECO Energy, Inc. (NYSE: TE) - down 3.2 percent. TECO sliding over the last few sessions. The utility reported strong Q4 results, but FY13 EPS expectations came in below consensus views.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Special Reports, Technicals, Trader Talk

Related Entities

Cowen & Co, 13G, Stocks crossing the 50-day simple moving average

Add Your Comment