- DJIA 12,843.09 (+79.87; +0.6%)
- S&P500 1,388.58 ((+8.65, +0.6%))
- NASDAQ 2,428.92 (+23.71; +0.99%)
- 10YR-TBond 3.827% (+0.097%)
- 52-WEEK LOWS
Ford Motor Company (NYSE: F) was a major surprise after the company managed to post a profit rather than a loss. Maybe the restructuring and shrinking to profitability really can work.
NextWave Wireless (NASDAQ: WAVE) saw a huge surge today after the company said it plans to sell its wireless spectrum to focus on WiMAX and other wireless technology offerings coming dopwn the pipe. Shares were up a monster 35% at $6.48 in the last minutes of the day.
Potash Corp. of Saskatchewan, Inc. (NYSE: POT) blew out earnings and guided significantly higher based on strong demand and price hikes. Shares actually sold off though as the fast money traders took major profits on a "Sell the news" trade. Shares were down over 4% at $195.50 in the final minutes of the day.
TASER International (NASDAQ: TASR) saw a hard day after the company disappointed with earnings today. Shares were down some 20% at $7.52 in the last minutes of the day.
True Religion Apparel Inc. (NASDAQ: TRLG) saw a gain of more than 5% to $16.75 in the last minutes of the day after Morgan Keegan raised its rating to an Outperform.
Jon Ogg is a producer and editor of weekly "10 Stocks Under $10" newsletter for 247WallSt.com.
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