Most Active Stocks in Morning Trading October 10th

Wall St. Watchdog reveals information about today’s heavily traded shares in the morning:

  • Sprint Nextel Corporation (NYSE:S): 70.02 million shares have traded hands and its market capitalization is $6.80 billion. About the equity: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  • SPDR S&P 500 ETF (NYSE:SPY): 45.61 million shares have traded hands and its market capitalization is $81.15 billion. About the equity: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.
  • Bank of America Corp (NYSE:BAC): 43.92 million shares have traded hands and its market capitalization is $62.73 billion. About the equity: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  • Financial Select Sector SPDR (NYSE:XLF): 17.12 million shares have traded hands and its market capitalization is $4.92 billion. About the equity: Financial Select Sector SPDR Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective is to provide investment results that, before expenses, correspond to the performance of The Financial Select Sector. The Index includes financial services firms whose business’ range from investment management to commercial & business banking.
  • Direxion Daily Finan. Bull 3X Shs (NYSE:FAS): 15.77 million shares have traded hands and its market capitalization is $1.54 billion. About the equity: Direxion Daily Financial Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Fund’s objective is daily investment results, before fees and expenses, of 300% of the price performance of the Russell 1000® Financial Services Index (“Financial Index”). The Fund invests in at least 80% of its net assets in the equity securities that comprise the Financial Index
  • Sirius XM Radio Inc. (NASDAQ:SIRI): 15.54 million shares have traded hands and its market capitalization is $6.37 billion. About the equity: Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.
  • Ford Motor Company (NYSE:F): 13.12 million shares have traded hands and its market capitalization is $42.41 billion. About the equity: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  • iShares Russell 2000 Index (NYSE:IWM): 11.83 million shares have traded hands and its market capitalization is $12.68 billion. About the equity: iShares Russell 2000 Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Russell 2000 Index Fund. The Index measures the performance of the small-capitalization sector of the U.S. equity market. The Fund uses a Representative Sampling strategy to try to track the Index.
  • Cisco Systems, Inc. (NASDAQ:CSCO): 11.61 million shares have traded hands and its market capitalization is $92.02 billion. About the equity: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 11.20 million shares have traded hands and its market capitalization is $46.91 billion. About the equity: PowerShares QQQ is an exchange-traded fund incorporated in the USA. The Fund represents undivided ownership interests in the PowerShares QQQ. The Fund’s objective is to provide investment results that generally correspond to the price and yield performance of the component securities of the Nasdaq 100 Index.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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