Archive for the ‘Consumer Discretionary Stocks’ Category

CAGC jumps, BAC busy, QTWWD slips

Thursday, February 17th, 2011

China Agritech, Inc. (Nasdaq: CAGC) shares advanced 7.3% to $7.96, on share volume of 584,738, already besting a full-day average of 417,211 after the company announced it is introducing an innovative new line of organic liquid compound fertilizers that improves crop drought resistance.

Bank of America (NYSE: BAC) proved a volume champion early on Thursday, trading in 30.1 million shares Thursday, approaching a daily average of 188 million. Share prices settled 0.2% to $14.81, after announcing Nexen had hired BAC to find B.C. Shale Gas Partners.

Quantum Fuel Systems Technological (Nasdaq: QTWWD) sank 15.6% in price Thursday to $5.04. Volume was 492,000 shares, trouncing a daily average of 59,000.

BIDZ amazing, JDSU trades, AXTI takes beating

Monday, February 14th, 2011

Bidz.com (Nasdaq: BIDZ) shares ballooned 15.8% to $1.56, on volumes of 860, 625 shares, trouncing a daily average of 34,422 shares.

JDS Uniphase Corp. (Nasdaq: JDSU) traded in 28.5 million shares Monday, better than quadrupling a daily average of 6.8 million. Share prices swooned 1% to $27.88. JDS recently reported a 142% jump in fourth-quarter earnings per share as sales rose 38% to $473.5 million.

AXT Inc. (Nasdaq: AXTI) shares slipped 12.6% to $9.81, on volume of 1.7 million shares, more than tripling its daily average. AXT will release its financials Feb. 23.

NFLX is star, MU mighty, CPSL slumps

Monday, February 14th, 2011

Netflix Inc. (Nasdaq: NFLX) shares rose 6.3%. to $245.72, on volumes of 8.1 million shares, surpassing a daily average of 5.6 million shares. Caris & Co. raised its price target to $316 from $224.

Micron Technology (Nasdaq: MU) traded in 53.8 million shares Monday, routing a daily average of 35.7 million. Share prices increased 2.4% to $11.60, after ThinkEquity boosted its estimates, to a buy rating and new $15 price target.

China Precision Steel Inc. (Nasdaq: CPSL) shares slipped 14.3% to $1.86, on volume of 2.5 million shares, quadrupling its daily average. The company announces financials Tuesday.

INPH incredible, F on move, MMI sags

Monday, February 14th, 2011

Interphase Corporation (Nasdaq: INPH) shares launched 14.6% higher Monday to $4.70. Volume topped two million shares, towering over an average around 59,000. The company last week reported quarterly revenues were up 24% to $5.8 million when compared to $4.7 million for the fourth quarter of 2009.

Ford Motor Company (NYSE: F) traded in 48.8 million shares Monday, compared to a daily average of 89.8 million. Share prices fell flat 1.9% to $16.07, after announcing the sale of $586 million worth of securities.

Motorola Mobility Holdings Inc. (NYSE: MMI) shares shed 5% to $29.59, on volume of 3.4 million shares, just shy of its four-million-share daily average, after the cell-phone maker said it bought software developer Three Laws Mobility Inc. for an undisclosed sum late last year.

SCSS spikes, JDSU solid, TQNT springs leak

Thursday, February 10th, 2011

Select Comfort Corp.(Nasdaq: SCSS) shares rose 10.6% to $11.60, on volume of 2.6 million shares, or five times its daily average, a day after the mattress maker projected 2011 earnings ahead of market estimates.

JDS Uniphase (Nasdaq: JDSU) traded in 34.5 million shares, or more than six times its daily average. Share prices hurtled 3.8% to $25.35, after last week’s reports of stronger-than-expected earnings and raising its guidance.

TriQuint Semiconductor Inc. (Nasdaq: TQNT) shares fell 6.1% to $12.83, on volume of 18.3 million shares, or nearly six times its daily average, after the provider of chips used in wireless devices on Wednesday projected 2011 earnings below expectations.