This Day On The Street
Continue to site
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

Radian, Playboy: Midday Volume Plays

NEW YORK ( TheStreet) -- Several stocks trading near $5 were moving on above-average volume during Tuesday's session.

Radian Group (RDN - Get Report) jumped by 79 cents, or 17.7%, to $5.26 after the company's CFO Bob Quint said during an analyst presentation that November delinquencies were "a little less" than expected, according to a Bloomberg report. Volume topped 5.8 million shares, compared to the 50-day average daily volume of 3.7 million, according to Yahoo! Finance.

Clearwire (CLWR) rose by 43 cents, or 7.6%, to $6.09 after UBS upgraded the stock to neutral from sell, raising the stock price target to $6 from $3. The firm said a recent capital raise largely eliminates the funding risk Clearwire had faced. Volume topped 2 million shares, compared to the 50-day average daily volume of 2.2 million, according to the Nasdaq.

Playboy Enterprises (PLA) added 7 cents, or 1.8%, to $4 following renewed takeover chatter, which indicates that Sir Richard Branson could be interested in making a bid for the company. Currently, Iconix (ICON) is seen as the front runner to acquire Playboy's assets. Volume topped 527,000 shares, compared to the 50-day average daily volume of 497,000.

Tianyin Pharmaceutical (TPI - Get Report) gained 42 cents, or 13.4%, to $3.56 after the Chinese company said it has received approvals from the Chinese State Food and Drug Administration to produce pediatric fever and cough oral liquid in dosage form. The company's market research indicates annual sales of this type of product to total approximately $1.1 billion in ChinaVolume topped 652,000 shares, compared to the 50-day average daily volume of 328,000.

Thomson S.A. (TMS) American Depositary shares fell by 13 cents, or 8.2%, to $1.46 after Moody's lowered the company's probability of default to D after it filed for creditor protection Monday under French bankruptcy law. Bloomberg reports Thomson is seeking to reorganize $2.8 billion euros ($4.2 billion) of debt. Volume topped 84,000 shares, compared to the 50-day average daily volume of 49,000.

-- Written by Robert Holmes in New York.

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

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

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CLWR $0.00 0.00%
RDN $11.22 0.00%
TPI $0.10 0.00%
AAPL $93.99 0.00%
FB $102.01 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs