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Bank of America Corp (BAC), J.C. Penney Company, Inc. (JCP) and Microsoft Corporation (MSFT) Are the Most Popular Stocks on Tuesday

Editor’s note: Related tickers: Bank of America Corp (NYSE:BAC), J.C. Penney Company, Inc. (NYSE:JCP), Microsoft Corporation (NASDAQ:MSFT), Intel Corporation (NASDAQ:INTC), MGIC Investment Corp. (NYSE:MTG), Alcoa Inc (NYSE:AA)

On April 9, several stocks are the most traded, being the most popular on the markets. In the morning we have presented you the leaders on the markets on Tuesday, which included top leaders, losers, and volume leaders. Now, we have gathered the top gainers in terms on volume, among which are situated Bank of America Corp (NYSE:BAC), J.C. Penney Company, Inc. (NYSE:JCP) and Microsoft Corporation (NASDAQ:MSFT).

Bank of America Corp (NYSE:BAC)

In the morning, Bank of America Corp (NYSE:BAC) was the second highest gainer, but later the stock trading increased, which caused his movement by one position upwards. Currently, Bank of America Corp (NYSE:BAC) is trading 0.82% higher at $12.31 in deals worth $100.1 million by 3.06 pm EDT. Earlier today, we have reported about a $15 million loan taken for the election campaign of U.S President, Barack Obama, from the Bank of America.

J.C. Penney Company, Inc. (NYSE:JCP) is set on the second position, where it downgraded after being the leader in trading in the first half of the day. J.C. Penney Company, Inc. (NYSE:JCP)’s shares declined by 11.78% to $14 in turnover worth $76.1 million by 3.06 pm EDT. J.C. Penney Company, Inc. (NYSE:JCP) has recently lost its CEO, Ron Johnson, after which the stock price of the company began to fall. This could be a beginning of the end for JCP.

The next on the list is Microsoft Corporation (NASDAQ:MSFT), which in $60 million turnover edged up by 3.85% to $26.69 by 3.06 pm EDT. Recently we have reported about Microsoft Corporation (NASDAQ:MSFT) “sticking with its latest campaign to pit its services  up against Google Inc (NASDAQ:GOOG) in hopes of grabbing market share away from the tech rival.”

Intel Corporation (NASDAQ:INTC) is also on the list. The share price of Intel has picked up 3.75% to $21.88 in deals worth $44.2 million by 3.06 pm EDT. In a week, Intel Corporation (NASDAQ:INTC) is going to present its first quarter results, but in the meantime, Intel Corporation (NASDAQ:INTC) comes with some good news that its next-generation Thunderbolt will provide a speed twice as high as its current form.

MGIC Investment Corp. (NYSE:MTG)‘s shares decreased by 3.67% to $5.25 in Tuesday’s fifth largest turnover of about $35.2 million by 3.06 pm EDT. Today, MGIC Investment Corp. (NYSE:MTG) announced about a partnership with Integra Software Systems, which will provide “mortgage insurance through INTEGRA Software Systems’ loan origination software (LOS) systems, Destiny and DestinyXpress,” MGIC said in a statement. “Automated access to MGIC mortgage insurance, rates and eligibility allows customers to further streamline their loan origination processes, […] We’re pleased to partner with INTEGRA.  It demonstrates our continued dedication to automating access to our mortgage insurance programs and services,” the statement quoted Sal Miosi , Vice President of Marketing at MGIC Investment Corp. (NYSE:MTG).

Alcoa Inc (NYSE:AA), is the sixth leader in terms of volume. The stock price fell by 0.24% to $8.41 in turnover worth some $33.5 million by 3.06 pm EDT. Alcoa Inc (NYSE:AA) was also in the top three volume leaders in the morning, after releasing a statement where it stated that its net income totalled $149 million. Alcoa Inc (NYSE:AA)’s revenue amounted to $5.8 billion, which is 3% less than a year ago. One of the causes of the decline were smaller prices for aluminium on London Metal Exchange. “Our mid and downstream businesses now account for 72 percent of our total after-tax operating income while our upstream business continues to move down the cost curve. We achieved these results by focusing on the things we can control and by pressing Alcoa’s innovation edge, scale, and strength in end markets,” Alcoa Inc (NYSE:AA) quoted its chairman and CEO, Klaus Kleinfeld, in the statement.

Since we’ve mentioned J.C. Penney Company, Inc. (NYSE:JCP), we invite you to find more information about its former CEO, Ron Johnson, in our story “Ron Johnson, Ex J.C. Penney Company, Inc. (JCP) CEO’s Top 10 Quotes

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