Stocks Trending on News: LeapFrog, LPI, DryShips, Arch Coal, OSIS, North American Palladium, ITUB, ARM Holdings, Hercules Offshore, Pan American Silver

LeapFrog Enterprises, Inc. (NYSE:LF) trended +5.33% higher to end last trading session at $10.07 after ranging between $9.58 and $10.13 as Piper Jaffray initiated its coverage on the stock with an overweight rating, noting that it will outperform industry’s low single-digit growth average, and should improve loyalty with more new products. Its shares gained +16.69% so far in 2013.

Laredo Petroleum Holdings Inc (NYSE:LPI) ranged in price between $19.35-$20.95 and gained 4.07% to close at $19.95 on decision to sell all of its interests in the Anadarko Basin in a cash deal valued at $438 million to EnerVest Ltd., as the energy company aims to focus on the Permian Basin. Its shares gained +9.86% so far in 2013.

DryShips Inc. (NASDAQ:DRYS) ranged in price from $2.18 to -$2.35 in the last session and closed +3.69% higher to $2.25 with a broad rally in shipping stocks. Its shares gained +40.62% so far in 2013.

Arch Coal Inc (NYSE:ACI) stock sold in a range of $5.38 to $5.82 before ending +3.16% higher to settle at $5.55 due in part to a Forbes report. So far, the share price of this stock slipped -24.18% in this year.

OSI Systems, Inc. (NASDAQ:OSIS) trended -13.13% lower to end last trading session at $53.25 after ranging between $51.83 and $61.30. The stock extended decline on news that its Security division, Rapiscan Systems, has been notified that the Department of Homeland Security sent a Notice of Proposed Debarment in connection with a Show Cause letter from the Transportation Security Administration received by Rapiscan in November 2012. Its shares declined -16.85% so far in 2013.

North American Palladium Ltd (USA) (NYSEMKT:PAL) ranged in price between $1.13 – $1.24 and declined -8.66% to close at $1.16 as gold prices fell again on Tuesday. Its shares declined -10.77% so far in 2013.

Itau Unibanco Holding SA (ADR) (NYSE:ITUB) ranged in price from $15.71to $16.03 in the last session and closed +1.10% higher to $16.02 before its Analyst Meeting – EXPOMONEY – RECIFE. Its shares gained +7.09% so far in 2013.

ARM Holdings plc (ADR) (NASDAQ:ARMH) stock sold in a range of $47.05 to $50.37 before ending -5.31% lower to settle at $47.24 after it was the subject of a Seeking Alpha article suggesting that Imagination’s recent fall invites caution. So far, the share price of this stock jumped 24.87% in this year.

Hercules Offshore, Inc. (NASDAQ:HERO) ranged in price between $7.35-$7.83 and declined -5.26% to close at $7.38 after its presentation at UBS Global Oil and Gas Conference. Its shares gained 19.16% so far in 2013.

Pan American Silver Corp. (USA) (NASDAQ:PAAS) ranged in price between $12.26-$12.77 and declined -4.10% to close at $12.41 as silver prices declined on Tuesday. Its shares declined -33.74% so far in 2013.