Here's some more contest stock information for you--a look at the week's best and worst so far. Earnings as well as mergers brought out the best and worst in companies. Remember, today is the really big day for trades as the trades executed prior to 4pm today (Thurs) will be the last trades that will impact their total portfolio value based on their performance on Friday.
Best performing trades week-to-Wednesday:
Fremont General up 76.46%on continued optimism from its new retail banking strategy.
Stride Rite up 36.28%--agreed to a buyout from Payless.
Impac Mortgage up 28.37% amid signs that the subprime woes may be over.
MGM Mirage up 24.84% after Kerkorian's Tracinda wants to buy Bellagio & CityCenter.
CYTYC up 22.77% on merger with Hologic.
Worst performing trades week-to-Wednesday:
Saks Inc down 11.86% on weak earnings.
BioProgress plc down 10.45%.
United Natural down 9.64% on earnings as company missed expectations.
Analog Devices down 9.36% on earnings as company missed expectations.
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