5 – DryShips – NASDAQ:DRYS
4 – Genworth Financial– NYSE:GNW
3 – American International Group – NYSE:AIG
2 – Origin Agritech Limited – NASDAQ:SEED
1 – Citigroup – NYSE:C
* Since suffering a severe correction in the late summer and early fall, steel prices have strengthened recently and this has given the dry-bulk sector hope that shipping rates will remain stable, at least in the near term. DryShips fell Monday on that news, to close down 1.1 percent to $6.12.
* Genworth Financial is the #4 stock on the HIGH 5 hit list on Tuesday. Shares of GNW added about 1 percent to $10.77 on Monday.
* AIG shares tumbled Monday after a Sanford C. Bernstein analyst slashed his price target for the stock by 40%, arguing that insufficient reserves may hurt the insurer's ability to repay bailout funds to the U.S. government. Shares of AIG plunged 14.7 percent to $28.40 following the news.
* Shares of Origin Agritech soared to their highest point in more than two years Monday, their fourth big jump over the past five trading days on extremely heavy volume. On Nov. 21, Origin said the Chinese government issued a final approval for its genetically modified corn seeds. Shares of SEED rocketed 23 percent to $13.51 on the Nasdaq.
* Most bank stocks traded higher following a separate report in The Financial Times that regulators have drawn up a list of 30 global financial institutions that are earmarked for cross-border supervision exercises. The list includes Citigroup which rose 1.2 percent to $4.11 on Monday.
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