This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Dynavax, CFS Bancorp: Early Volume Plays

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

Dynavax Technologies (DVAX - Get Report) shares were set to rally Tuesday after the biopharmaceutical company announced initiation of a large-scale Phase 3 trial for HEPLISAV, its investigational adult hepatitis B vaccine. The 50-day average daily volume for Dynavax is 568,000, according to the Nasdaq. The stock finished at $1.44 Monday and gained more than 7% in the after-hours session.

CFS Bancorp (CITZ) was indicated higher Tuesday after the savings and loan holding company reported a fourth-quarter profit of 19 cents a share, compared with the single analyst estimate for a loss of 16 cents a share. CFS Bancorp said results were positively impacted by a lower provision for losses on loans, higher net interest income, and an increase in bank owned life insurance income. The 50-day average daily volume for CFS Bancorp is 17,000. After closing Monday at $3.37, the stock rallied nearly 10% in late trading.

Terremark Worldwide (TMRK) was set to trade sharply lower Tuesday after the IT solutions company reported a fiscal third-quarter loss of 13 cents a share, which was worse than the Thomson Reuters estimate for a loss of 8 cents a share. Looking ahead, Terremark delivered weak revenue guidance for fiscal year 2011. The 50-day average daily volume for Terremark is 439,000. After falling 4.8% to $7.79 Monday, the stock was down another 9.6% in the after-hours session.

LCA Vision (LCAV) was set to trade on increased volume after the laser vision correction services provider reported a fourth-quarter loss of 19 cents a share, which was narrower than the 49-cents-a-share loss analysts had expected. Revenue of $22 million was down from a year ago but also exceeded expectations. The 50-day average daily volume for is 183,000. Shares finished trading Monday at $5.91.

-- Written by Robert Holmes in Boston.

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 TheStreet.com 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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG
DVAX $21.56 1.20%
LCAV $5.37 0.00%
AAPL $126.39 -1.70%
FB $81.17 0.34%
GOOG $574.64 0.22%

Markets

DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

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