Saturday’s Midday Stock Update: Samsung Electronics (SSNLF), CDTi Advanced Materials Inc (CDTI), Anthera Pharmaceuticals (ANTH), Whiting Petroleum Corp (WLL), Frontier Communications Corporation (FTR)

By Carrie Williams

So far Saturday, August 24, NASDAQ is down -8.17% and the S&P is down -6.07%. Here are this morning’s most active stocks: Samsung Electronics (SSNLFResearch Report), CDTi Advanced Materials Inc (CDTIResearch Report), Anthera Pharmaceuticals (ANTHResearch Report), Whiting Petroleum Corp (WLLResearch Report) and Frontier Communications Corporation (FTRResearch Report).

Samsung Electronics is up 44.2% in midday trading to $44.20. Shares opened today at $0.00. The company has a 52-week low of $44.20 and a 52-week high of $2210.00.

CDTi Advanced Materials Inc is up 21.57% in midday trading to $0.31. Shares opened today at $0.26. The company has a 52-week low of $0.26 and a 52-week high of $2.80.

Anthera Pharmaceuticals is up 19.95% in midday trading to $0.04. Shares opened today at $0.04. The company has a 52-week low of $0.01 and a 52-week high of $0.10.

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Whiting Petroleum Corp is down -11.13% in midday trading to $7.03. Shares opened today at $7.91. The company has a 52-week low of $7.02 and a 52-week high of $55.17. On the Street’s front, the average 12-month analyst price target for the stock is $17.92, marking a 126.55% potential upside from current levels. In a report issued on August 20, Citigroup analyst Brian Downey maintained a Buy rating on WLL, with a price target of $14, which implies an upside of 77% from current levels. Separately, on August 19, Stephens Inc’s Gail Nicholson downgraded the stock to Hold and has a price target of $14.

Frontier Communications Corporation is down -10.85% in midday trading to $0.74. Shares opened today at $0.83. The company has a 52-week low of $0.67 and a 52-week high of $7.25. On the Street’s front, the average 12-month analyst price target for the stock is $0.94, marking a 13.16% potential upside from current levels. In a report issued on August 7, Guggenheim analyst Mike McCormack maintained a Sell rating on FTR, with a price target of $0.50, which implies a downside of 40% from current levels. Separately, on the same day, RBC’s Kutgun Maral assigned a Hold rating to the stock and has a price target of $1.

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