Stockpickr Lists: RAIT Financial Claws Back

Editor's note: In this feature from Stockpickr, we highlight lists of stocks that have made new highs, lows or seen other unusual activity.

Biggest Percentage Gainers: After falling to an all-time low of $6.32 on Friday, RAIT Financial(RAS) regained some ground Monday, climbing 58.2%. The real estate investment trust with high exposure to American Home Mortgage, which filed for bankruptcy Monday, closed up $3.68 to $10.00.

52-Week Highs: Ebix(EBIX) gained 8% after the company reported second-quarter profit gains of 67%, sending the stock to a 52-week high. The company, which provides software to the insurance industry, saw net income climb to $2.5 million, or 75 cents per share, compared with $1.5 million, or 48 cents a share, from the previous year. Shares closed $3.39 higher to $44.83.

Rising on Unusual Volume: Fresh Del Monte(FDP) gained 7% on trading four times its three-month average daily volume. The Coral Gables, Fla.-based fruit and vegetable producer increased $1.82, closing at $27.20.

Biggest Percentage Losers: RAM Holdings(RAMR) reported devastating second-quarter results with revenue dropping 25% to $9.1 million, or 33 cents a share. Although the earnings were on par with Thomson Financial's estimates, the stock still fell $5.15 to $6.42.

52-Week Lows: RAM Holdings also sank to a 52-week low.

Latest Activist Situations: Shamrock Activist Value Fund, in a filing with the Securities and Exchange Commission, disclosed a 5.66% stake in NuCo2(NUCO). In a letter, Shamrock suggested the company pay a special dividend of $7 per share and institute an ongoing regular annual dividend of 25 cents per share. Shares closed up 40 cents, or 1.6%, to $25.63.

Forum of the Day

Why is our economy moving downward? anderdw asks.

Do You Know the Answer?

EMC Corp.(EMC) options, while close to expiration, appear cheap, and there could be some movement in the stock at the partial spinoff of VMware in an initial public offering on Aug. 14, dischord01 notes. Does anyone think August options are a good idea?

Feeling Lucky?

And finally, try picking a random portfolio suited to do-it-yourselfers with more detailed analysis at I'm Feeling Lucky.

>To order reprints of this article, click here: Reprints