ALU spikes, SIRI serious, OTIV off-track

Posted on Monday, March 28th, 2011

Alcatel-Lucent SA (NYSE: ALU) shares added 7.7% to $5.75, on volume of 34 million shares, nosing out its average for the day, after the telecom-equipment stock was upgraded to buy from neutral by Goldman Sachs.

Sirius XM Radio Inc. (Nasdaq: SIRI) beamed out to stock traders Monday, dealing in 25.6 million shares by noon ET, compared to a full-day average of 53.7 million. Share prices subsided, though, by 0.6% to $1.71.

On Track Innovations (Nasdaq: OTIV) faded in price 12.3% to $2.21 Monday noon, on volume of nearly 489,000 shares, already outdoing its all-day average of 376,797. Monday, the company announced operating profit of $2.8 million of 2010.

Tags: , , , , , , ,

Leave a Reply