Key Stock Gainers That Don't Care About the Poor Employment Report (AMZN, BAC, GMCR, ING, BTU, QCOR, ZQK, GOLD, SWHC, ULTA, X)

So what if the jobs numbers were a huge disappointment. There are many stocks on the move this morning after the huge Chinese stimulus package and on the heels of yesterday's bond-buying plans from Mario Draghi. Inc. (NASDAQ: AMZN) is up almost 1.6% at $255.25 this morning after yesterday's new lineup of Kindle products. This may not sound like much of a move, but it is a key move: this is an all-time high as the prior high was $252.70.

Bank of America Corp. (NYSE: BAC) is the biggest bank gainer this morning among the money-center banks with a gain of 3.3% to $8.63 in active trading. With the employment report so bad, this drives QE3 chances higher.

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is surging by 8% to $26.70 after being started as with a Buy rating and $39 target at Lazard this morning.

ING Groep N.V. (NYSE: ING) is trading up 6% at $8.53 after selling its Capital One stake. This is against a 52-week range of $5.51 to $10.43.

Peabody Energy Corp. (NYSE: BTU) is surging 6.4% to $22.76 this morning as this is a coal play benefiting from China's stimulus and while it is still in a sales process over an operation in Australia.

Questcor Pharmaceuticals Inc. (NASDAQ: QCOR) is surging 5% to $52.85 after disclosing information on its operating metrics and share repurchases.

Quiksilver Inc. (NYSE: ZQK) is surging by 18% to $3.63 after beating earnings. What is interesting is that the revenue figure may have been light against some estimates for this small cap apparel player.

Randgold Resources Ltd. (NASDAQ: GOLD) is up another 4% at $113.20 and that makes about an $11 gain just since Wednesday.

Smith & Wesson Holding Corp. (NASDAQ: SWHC) is selling guns faster than they can make them and that is what their earnings outlook shows. Shares hit a new 52-week high and shares were up 22% at $11.00. At the moment shares are up almost 19% at $10.68.

Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA) shares are up almost 8% at $102.54 based on beating earnings estimates after the close on Thursday. Shares hit a new all-time high, but get this figure: Ulta is now worth $6 billion!

United States Steel Corp. (NYSE: X) is surging this morning by almost 8% to $20.70 after China's stimulus package and on news that a rival's union is protesting at U.S. facilities over contracts.


Filed under: 24/7 Wall St. Wire, Active Trader Tagged: AMZN, BAC, BTU, GMCR, gold, ING, QCOR, SWHC, ULTA, X, ZQK
Read Full Story
  • DJI25502.32-460.19-1.77%
  • NIKKEI 22521627.3418.420.09%
    Hang Seng29113.3641.800.14%
  • USD (PER EUR)1.130.00000.00%
    USD (PER CHF)1.010.00000.00%
    JPY (PER USD)109.910.00000.00%
    GBP (PER USD)1.320.00000.00%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.