Trade Updates for Friday, September 16th: TYC and NDN

Penny stocks to watch: TYC and NDN

Tyco International Ltd. (NYSE: TYC) is up 3.11% to $43.70. Shares of TYC are climbing in today’s trading, moving up on reports that the company may be a takeover target. The stock has a 52-week range of $36.28-$53.38. It is currently trading above its 50-day and below its 200-day moving average. The stock gained 6.11% in the last three trading sessions. (NYSE: TYC), (TYC)

99 Cents Only Stores (NYSE: NDN) is up 9.41% to $20.46. Shares of NDN are soaring in today’s trading, moving up after reports that private equity firm Apollo Global Management is preparing a bid for the company. The stock reached a 52-week high of $21 in mid-day trading today and the stock has a 52-week range of $14.32-$21. It is currently trading above its 50-day and 200-day moving averages. The stock gained 8.8% in the last three trading sessions. (NYSE: NDN), (NDN)

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