This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Early Movers: Pump Up the Volume

NEW YORK ( TheStreet) -- Several small-cap stocks were poised to move on above-average volume during Friday's session.

Alcatel-Lucent (ALU) jumped by 22 cents, or 4.9%, to $4.73 in the premarket session after Goldman Sachs upgraded the stock to buy from neutral, citing valuation. The three-month average daily volume for Alcatel is 13.9 million, according to Yahoo! Finance.

CIT Group (CIT) surged by 12 cents, or 10.7%, to $1.24 in the premarket session after The Wall Street Journal reported that the embattled lender has reached a tentative agreement with Goldman Sachs, easing the terms of a disputed loan and smoothing the way for CIT to gain new financing from its bondholders, citing people familiar with the matter. The three-month average daily volume for CIT Group is 88.8 million, according to Yahoo! Finance.

FBR Capital Markets (FBCM) rose by 35 cents, or 5.8%, to $6.38 in the premarket session after the company said a secondary offering of 12.8 million shares priced at $6 a share. The three-month average daily volume for FBR Capital is 190,000, according to Yahoo! Finance.

Capital Bank Corp. (CBKN) added 7 cents, or 1.4%, to $5.22 in the premarket session after the bank announced plans for an offering of $55 million in common stock in order to boost capital. The three-month average daily volume for Capital Bank is 13,000, according to Yahoo! Finance.

Warren Resources (WRES) sank by 28 cents, or 9.2%, to $2.75 in the premarket session after the oil and gas exploration company late Thursday announced a common stock offering pursuant to a shelf registration statement. The three-month average daily volume for Warren Resources is 398,000, according to Yahoo! Finance.

FreeSeas (FREE) climbed by 8 cents, or 4.9%, to $1.71 in the premarket session after the company said it has filed a registration statement with the Securities and Exchange Commission, which will provide it with additional flexibility to raise capital, depending on favorable market conditions. The three-month average daily volume for FreeSeas is 688,000, according to Yahoo! Finance.

Lattice Semiconductor (LSCC) rose by 18 cents, or 8.4%, to $2.32 in the premarket session after Northland Securities upgraded the stock to outperform from market perform and assigned a price target of $3.25 a share. The three-month average daily volume for Lattice is 861,000, according to Yahoo! Finance.

-- Written by Robert Holmes in New York.

Check out all of Friday's high-volume, under-$5 stocks at the Dollar Store

Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs