Rackspace Hosting, Lamar Advertising Among Stocks Gapping Up Wednesday

Published August 08, 2012

| FOXBusiness

Here are stocks that gapped up today with opening prices significantly higher than the close on the previous trading day:

  • Rackspace Hosting (RAX) opened at $56.22 after closing the previous trading session at $49.30, gapping up. Shares are up 10.4% and trading at a volume of 2.3 million. Share price has been climbing, and is up $11.25 (26%) from a price of $43.20 on August 1, 2012. The stock is trading 23.5% above its 50-day moving average and 10.6% above its 200-day moving average.

  • Lamar Advertising (LAMR) gapped up today, opening at $34.75 after closing the previous trading session at $31.50. While trading at a volume of 2.3 million, the stock price has risen 11.3%. The stock is trading 21.1% above its 50-day moving average and 18% above its 200-day moving average.

  • Kenexa Corporation (KNXA) closed the previous trading session at $26.48, gapping up to open at $30.69 today. Trading at a volume of 564,259, the stock price is up 13.2%. Shares are up, having risen $7.11 (31.1%) from a price of $22.87 on August 1, 2012. The stock has moved up across its 200-day moving average of $28.08 today.

  • Cincinnati Bell (CBB) opened at $4.12 after closing the previous trading session at $3.74, gapping up. Shares are up 12.6% and trading at a volume of 1.2 million. Shares are up over the last two months, having risen 79 cents (23.1%) from a price of $3.42 on June 11, 2012. The stock is trading 12.8% above its 50-day moving average and 13% above its 200-day moving average.

  • A123 Systems (AONE) gapped up today, opening at 58 cents after closing the previous trading session at 47 cents. Shares have risen 8.2%, trading at a volume of 8.9 million. The stock is trading at 59.1% of its 50-day moving average and 39.9% of its 200-day moving average.

  • CSG Systems International (CSGS) opened at $20.73 after closing the previous trading session at $17.80, gapping up. Trading at a volume of 184,296, the stock price is up 11.9%. The stock has been on an upward trajectory over the last two months, increasing $3.72 (23%) from a price of $16.19 on June 11, 2012. The stock is trading 14.8% above its 50-day moving average and 18.3% above its 200-day moving average.

  • Genetic Technologies (GENE) gapped up today, opening at $3.75 after closing the previous trading session at $3.28. The stock price is up 7.3% with a volume of 151,293. Shares have been on on the rise over the past three months, climbing 32 cents (10%) from a price of $3.20 on July 10, 2012. The stock has moved up across its 50-day moving average of $3.47 today.

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http://www.foxbusiness.com/markets/2012/08/08/rackspace-hosting-lamar-advertising-among-stocks-gapping-up-wednesday/