Baker Hughes, SanDisk Among Stocks Gapping Up Friday

These stocks gapped up today and had open prices sharply higher than the previous trading day's close:

  • Baker Hughes (NYSE:BHI) closed the previous trading session at $41.75, gapping up to open at $46.35 today. Shares are up 9.6% and trading at a volume of 8.8 million. Shares price has risen $6.46 (16.4%) from $39.30 on July 13, 2012. The stock has moved up across its 200-day moving average of $44.05 today.
  • SanDisk (NASDAQ:SNDK) opened at $39.19 after closing the previous trading session at $35.08, gapping up. While trading at a volume of eight million, the stock price has risen 14.1%. Over the last two months, shares have shown some positive movement as the price has climbed $7.39 (22.7%) from a price of $32.62 on May 22, 2012. The stock has moved down across its 50-day moving average of $35.04 today.
  • New Oriental Education & Tech Grp (NYSE:EDU) closed the previous trading session at $11.20, gapping up to open at $12.45 today. Shares have risen 9.5%, trading at a volume of five million. The stock is trading at 51.7% of its 50-day moving average and 47.8% of its 200-day moving average.
  • A123 Systems (NASDAQ:AONE) opened at 79 cents after closing the previous trading session at 69 cents, gapping up. Shares are up 15.7% and trading at a volume of 3.1 million. The stock is trading at 71.7% of its 50-day moving average and 55.9% of its 200-day moving average.
  • Seven Arts Pictures (NASDAQ:SAPX) closed the previous trading session at 4 cents, gapping up to open at 5 cents today. Trading at a volume of 919,525, the stock price is up 7.6%.