GLUU moves up, MU has strong volume, GRNB tumbles

Glu Mobile Inc. (NasdaqGM: GLUU) added 21.31 percent in price to $2.22 in late trading on Wednesday. Volume was a whopping 1,416,725 shares, or more than 14 times its normal daily average. GLUU is a leading global publisher of social games for smartphone and tablet devices.

Micron Technology Inc. (NasdaqGS : MU) traded in 34,702,634 shares Wednesday, edging out its daily volume average. Those shares traded for $7.86, or 0.49 percent less than Tuesday. The Boise-based company announced a high-density Axcell™ NOR flash memory device for automotive applications, strengthening its already broad portfolio of leading products and technologies for the automotive market.

Green Bankshares Inc. (NasdaqGS: GRNB) went earthward 31.23 percent in price as the closing bell approached Wednesday to $2.51. Volume in GRNB was 486,333 shares, or six times its daily average. The Tennessee-based company Tuesday announced that it has given notice to the U.S. Treasury Department that it is suspending the payment of regular quarterly cash dividends on the Company’s Fixed Rate Cumulative Perpetual Preferred Stock

Tags: Financial Stocks, GLUU, GRNB, MU, nasdaq, Technology Stocks

This entry was posted on Wednesday, November 10th, 2010 at 3:52 pm by Glenn and is filed under Financial 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.