This Day On The Street
Continue to site
ADVERTISEMENT
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

DryShips, Novavax: Early Movers

NEW YORK ( TheStreet) -- Several stocks trading near $5 were poised to move on above-average volume during Friday's session.

DryShips (DRYS - Get Report) dropped by 33 cents, or 5.1%, to $6.20 in the premarket session a day after the company increased the size of its convertible senior notes offering by $100 million to $400 million and announced an initial conversion price of $7.19 a share. The 50-day average daily volume for DryShips is 27 million, according to the Nasdaq.

Novavax (NVAX - Get Report) dropped by 5 cents, or 13.3%, to $3.27 in the premarket session after the biotech company announced a share offering. The 50-day average daily volume for Novavax is 4.2 million, according to the Nasdaq.
Most Popular
Apple's Decade: How It Can Hit $500
Most Commented
Biotech Stock Mailbag: FDA Playbook

Netlist (NLST - Get Report) added 23 cents, or 4.1%, to $5.90 in the premarket session propelling momentum related to the recent unveiling of its HyperCloud product, the first 16-gigabyte, 2 vRank memory module for computer servers. The 50-day average daily volume for Netlist is 1.6 million, according to the Nasdaq.

ADC Telecommunications (ADCT) fell by $1.04, or 15.7%, to $5.60 in the premarket session a day after the network equipment company issued a disappointing first-quarter sales outlook on account of weak carrier spending. The 50-day average daily volume for ADC Telecommunications is 2.3 million, according to the Nasdaq.

Golden Green Enterprises (CHOP - Get Report) dropped by 56 cents, or 10.3%, to $4.89 in the premarket session a day after the cold-rolled steel company attributed sales that were 6% higher year-over-year at $59.3 million to lower prices on its products. The company anticipates fourth-quarter sales of $40 million to $50 million and net income of $8 million to $10 million, which doesn't include a non-recurring expense of $2.5 million related to its recent public offering. The three-month average daily volume for Golden Green Enterprises is 49,980, according to Yahoo! Finance.

-- Written by Melinda Peer in New York.

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
CHOP $1.40 0.00%
DRYS $0.59 0.00%
NVAX $10.88 0.00%
NLST $0.58 0.00%
AAPL $126.44 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs