Ameriprise Financial (AMP) NewsBite - One of Today's Top Gainers

Posted: Wednesday, September 30, 2009 2:58 PM EDT

Ameriprise Financial (AMP) leads the list of top gainers so far today and is now at $36.93, up $4.59 (14.18%) on volume of 9,024,734 shares traded. Over the last 52 weeks the stock has ranged from a low of $11.74 to a high of $42.50. Ameriprise Financial stock has been showing support around $31.56 and resistance in the $33.78 range. Technical indicators for the stock are bearish and S&P gives AMP a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on AMP the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 30 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (AMP)