Nearest Support: $23
Catalyst: Share Offering Last up on our list of the market's most-active names is Hospitality Properties Trust ( HPT), a $3.24 billion REIT that owns 288 hotels and 185 travel centers located across North America. HPT is getting attention today after the firm announced that its 14 million share offering generated $357.7 million in cash for the firm. Shares are down 3.67% in this afternoon's session on the dilution. And they could be headed down even more. While REITs have shown stellar relative strength in 2013, HPT is looking like it has run its course. The stock had been forming a double top pattern, which triggered today after the offering-related drop in price. That makes support at $23 look like a more probable target price in the near-term. To see these stocks in action, check out the at Most-Active Stocks portfolio on Stockpickr. -- Written by Jonas Elmerraji in Baltimore.
Twitter and become a fan on Facebook.