Largest Net $ Movers of Note 12/26/06
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UPWARD MOVERS
China Life Insurance Co. Ltd. (NYSE: LFC) +$6.04; Momentum stock continues higher. Last week, the WSJ said the company was close to issue IPO in mainland China.
Fuwei Films Co., Ltd. (Nasdaq: FFHL) +$2.42; Last week's IPO extends gains.
Acme Pocket (Nasdaq: APKT) +$2.38; Jim Cramer makes positive comments, saying this hot stock hasn't even started to run yet. Cramer says the company has experienced strong revenue growth and has 'upgrade potential' from analysts who cover the stock.
China Mobile Limited (NYSE: CHL) +$2.10; Stock moving higher as Shanghai markets close 1.81% higher today.
InterMune Inc. (Nasdaq: ITMN) 5% HIGHER; continues higher after Friday's 29% move. Also, Wachovia and Leerink Swann upgraded the stock today.
DOWNWARD MOVERS
Telik (Nasdaq: TELK) -$11.44; Announced negative results from three separate Phase 3 clinical trials of its investigational drug TELCYTA. ASSIST-1 and ASSIST-2 Trials Did Not Achieve its Primary Endpoint, ASSIST-3 Compromised.
NYSE Group, Inc. (NYSE: NYX) -$3.06; Stock moving lower with no significant news releases. (Shares have moved up 30% since Nov. 1, 2006)
Research In Motion Ltd. (Nasdaq: RIMM) -$2.68; Stock moving lower with no significant news releases. The move may be contributed to profit taking (RIMM shares have gained approx. 50% since Sept. 28, 2006).
International Assets Holding (Nasdaq: IAAC) -$2.48; Stock continued lower for the 3rd session after reporting an earnings loss last week.
Abercrombie & Fitch Co. (NYSE: ANF) -$2.14; Retail stocks are trading lower today after slightly slower than expected holiday sales.
China Life Insurance Co. Ltd. (NYSE: LFC) +$6.04; Momentum stock continues higher. Last week, the WSJ said the company was close to issue IPO in mainland China.
Fuwei Films Co., Ltd. (Nasdaq: FFHL) +$2.42; Last week's IPO extends gains.
Acme Pocket (Nasdaq: APKT) +$2.38; Jim Cramer makes positive comments, saying this hot stock hasn't even started to run yet. Cramer says the company has experienced strong revenue growth and has 'upgrade potential' from analysts who cover the stock.
China Mobile Limited (NYSE: CHL) +$2.10; Stock moving higher as Shanghai markets close 1.81% higher today.
InterMune Inc. (Nasdaq: ITMN) 5% HIGHER; continues higher after Friday's 29% move. Also, Wachovia and Leerink Swann upgraded the stock today.
DOWNWARD MOVERS
Telik (Nasdaq: TELK) -$11.44; Announced negative results from three separate Phase 3 clinical trials of its investigational drug TELCYTA. ASSIST-1 and ASSIST-2 Trials Did Not Achieve its Primary Endpoint, ASSIST-3 Compromised.
NYSE Group, Inc. (NYSE: NYX) -$3.06; Stock moving lower with no significant news releases. (Shares have moved up 30% since Nov. 1, 2006)
Research In Motion Ltd. (Nasdaq: RIMM) -$2.68; Stock moving lower with no significant news releases. The move may be contributed to profit taking (RIMM shares have gained approx. 50% since Sept. 28, 2006).
International Assets Holding (Nasdaq: IAAC) -$2.48; Stock continued lower for the 3rd session after reporting an earnings loss last week.
Abercrombie & Fitch Co. (NYSE: ANF) -$2.14; Retail stocks are trading lower today after slightly slower than expected holiday sales.
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