ETM beaming, UNG strong volume, YOKU stumbles

Entercom Communications Corp. (NYSE: ETM) vaulted 10.16 percent in price Thursday to close at $10.30. Volume of 203,323 shares outdid its daily average of 158,803 shares. Entercom Communications Corp. is one of the five largest radio broadcasting companies in the United States, with a nationwide portfolio in excess of 100 stations in 23 markets.

United States Natural Gas Fund (NYSEArca: UNG) was a volume leader Thursday, trading in 48,552,547 shares, doubling its daily average of 24,676,700. Share prices for UNG eased 4.85 percent to $5.54.

Youku.com Inc. (NYSE: YOKU) fell 9.31 percent Thursday to close at $30.20, on volume of 5,865,290 shares, just better than half its daily average. YOKU is a leading Chinese Internet television company.

Tags: communications, consumer discretionary, ETM, NYSE, Technology Stocks, UNG, YOKU

This entry was posted on Thursday, December 16th, 2010 at 5:06 pm by Glenn and is filed under Consumer Staples 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.