GLBC flies, C steady, ADES ails

Global Crossing Ltd. (Nasdaq: GLBC) shares surged 60.4% to $23.74, on volume of close to seven million shares, overwhelming a daily average around 146,000, after Internet infrastructure provider Level 3 Communications Inc. (Nasdaq: LVLT) said it would acquire its smaller rival..

Citigroup Inc. (NYSE: C) was a volume champion in early trading Monday morning on Wall Street, dealing in 94.5 million shares, compared to 478.8 million. Share prices were off 0.6% to $4.54, after announcing C was putting its European headquarters on the market for $1.6 billion.

ADA-ES Inc. (Nasdaq: ADES) swooned 38% Monday morning to $13.68, on volume of 335,700 shares, compared to regular volume of 52,729, after an arbitration panel ordered ADES to $38 million to Norit Americas for breach of contract.

Tags: ADES, buzz stocks, C, Financial Stocks, GLBC, Industrial Stocks, LVLT, nasdaq, NYSE, Technology Stocks

This entry was posted on Monday, April 11th, 2011 at 11:27 am by Glenn and is filed under Financial Stocks, Industrial 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.