Stocks Crossing 50-Day SMA 11/19: (GMCR) (ARNA) (X) Above; (CSCO) (PCS) (UTSI) Below

November 19, 2012 2:38 PM EST Send to a Friend
Crossing and above:
  • Green Mountain (Nasdaq: GMCR) - up 10.0 percent. Shares showing a nice bounce above the $26 level today as the heavily-shorted stock girds for a shortened week and an earnings report next Tuesday, November 27th.

  • Arena Pharmaceuticals (Nasdaq: ARNA) - up 4.5 percent. Nothing really exceptional at Arena today, just moving on overall market sentiment. Shares got a bit of a boost after presenting at two conference last week.

  • U.S. Steel (NYSE: X) - up 4.4 percent. Popping on chatter that Ukrane-based Metinvest might be interested in US Steel's Slovakian subsidiary. Metinvest has denied the chatter.
Crossing and below:
  • Cisco (Nasdaq: CSCO) - up 1.6 percent. Higher on the session, but the recent decline in Cisco's shares ahead of its recent earnings announcement puts the 50-day SMA a little out of reach. Announced its intent to acquire Meraki for $1.2 billion.

  • MetroPCS (NYSE: PCS) - up 0.4 percent. All sorts of chatter surrounding PCS today. Reports have DISH Networks (Nasdaq: DISH) making a bid for the company last August, while MetroPCS was also said to be in talks with Clearwire (Nasdaq: CLWR) over potential spectrum acquisitions.

    For more PCS news, click here.

  • UTStarcom Holdings Corp. (Nasdaq: UTSI) - up 13.5 percent. Ripping on news of a reverse stock split and $1.20 per share tender offer for up to $30 worth of ordinary shares. For more color, click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports, Technicals, Trader Talk

Related Entities

Earnings, Stocks crossing the 50-day simple moving average

Add Your Comment