Posts Tagged ‘ETM’

ETM leaps, NOK teeters, AMKR underwhelms

Thursday, February 10th, 2011

Entercom Communications Corporation (NYSE: ETM) accelerated 17.5% to $12.50 Thursday, on volumes of 533,744, towering over a daily average of 138,309. Tuesday, ETM announced quarterly revenues for the quarter increased 6% to $102.1 million, while net income per share hiked 28%.

Nokia Corporation (NYSE: NOK) was a volume champion Thursday, trading in 47.9 million shares, better than double its usual volume. Prices for NOK faded 7.2% to $10.89, after the company chose to make smartphones powered by Microsoft’s Windows Phone 7 software, rather than Google’s operating system.

Amkor Technology Inc. (Nasdaq: AMKR) shares were off 10% to $7.37, on 6.2 million shares, nearly four times its usual volume, after the manufacturer of semiconducting tests projected earnings under expectations.

ETM beaming, UNG strong volume, YOKU stumbles

Thursday, December 16th, 2010

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. 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.