WFMI comes to eat, C steady CSCO bruised

Posted on Thursday, February 10th, 2011

Whole Foods Market Inc. (Nasdaq: WFMI) shares gained 11.2% to $59.77, on volumes of 3.4 million shares, already twice its daily average, after the natural-foods grocer late Wednesday hiked its full-year earnings guidance.

Citigroup Inc. (NYSE: C) took its place at the head of the volume parade, trading in 112.7 million shares Thursday, making headway on its daily average of 544.3 million. Prices dropped 0.9%, however, to $4.80, after its Securities and Funds arm swore in a new Chief Operating Officer.

Cisco Systems Inc. (Nasdaq: CSCO) shares declined 12.4% to $19.31. Volumes were 174.1 million shares, obliterating a daily average of 75.4 million, after the networking-equipment giant late Wednesday reported poor quarterly margins.

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