ASTC in orbit, C sells widely, IRE gloomy

Astrotech Corp. (Nasdaq: ASTC) sprinted out to a gain of gained 68.32 percent in price in Tuesday morning trade to $1.70  Volume in the first hour was a staggering 1,683,045 shares, overwhelming its usual full-day share volume of 67.095. The Austin-based provider of commercial aerospace services, today announced that its Astrotech Space Operations subsidiary has won a fully-funded task order under the $35-million Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract for NASA.

Citigroup (NYSE: C) was among Tuesday morning’s volume leaders, trading in 104,926,884 shares, nearly a quarter of its mormal daily volume of 474,398,000 shares. The banking behemoth slipped in price, though, by 1.56 percent to $4.12.

Bank of Ireland (NYSE: IRE) fell in price early Tuesday by 23.42 percent to $1.70. Volume of 21,334,242 shares was nearly seven times the bank’s three-month daily average for volume.On Sunday, Ireland became the second euro zone country to ask for aid and will officially begin talks with the European Union regarding a bailout that could reach $110 billion.

Tags: ASTC, banking stocks, C, IRE, Technology Stocks

This entry was posted on Tuesday, November 23rd, 2010 at 12:34 pm by Glenn and is filed under Financial Stocks, Industrial Stocks, Penny Stocks, Technology Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.