Dec 23, 2013

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Worth Watching Stocks: YRC Worldwide, Inc. (NASDAQ:YRCW), Meritor Inc (NYSE:MTOR), Inovio Pharmaceuticals Inc (NYSEMKT:INO), J.C. Penney Company, Inc. (NYSE:JCP)

Worth Watching Stocks: YRC Worldwide, Inc. (NASDAQ:YRCW), Meritor Inc (NYSE:MTOR), Inovio Pharmaceuticals Inc (NYSEMKT:INO), J.C. Penney Company, Inc. (NYSE:JCP)

YRC Worldwide, Inc. (NASDAQ:YRCW) jumped 22.05 percent to $18.42 in the current trading session following the news that the company has entered into a deal with creditors to reduce debt by roughly $300 million. YRCW shares are trading in the range of $16.60 to $20.58 today. The company has a market capitalization of $163.64 million.

Meritor Inc (NYSE:MTOR) made a new 52-week high of $9.72 in the mid-day trading session today after Morgan Stanley restated its “Overweight” rating for the company in a note sent to investors on Monday. The research firm has a price target of $9 per share for MTOR stock. Meritor shares are trading in the range of $8.62 to $9.72 today. The company has a market capitalization of $893.50 million.

Inovio Pharmaceuticals Inc (NYSEMKT:INO) rose 7.44 percent to $2.31 today on traded volume of 2.98 million shares. The 52-week range of the stock is $0.46 to $3.03. INO shares have been moving up from the last few days. The stock increased more than 14 percent in the past five days. Inovio Pharmaceuticals is focused on the development of synthetic vaccines for the treatment of cancers and infectious diseases. The company has a market capitalization of $486.56 million.

J.C. Penney Company, Inc. (NYSE:JCP) advanced 3.49 percent to $8.61 today on traded volume of 5.85 million shares. The 52-week range of the stock is $6.24 to $23.10. Based in Plano, Texas, J.C. Penney is a chain of mid-range department store. The company has a market capitalization of $2.63 billion.

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