Archive for the ‘Technology Stocks’ Category

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.

DBD cashes in, BAC busy, NOK knocked

Monday, February 14th, 2011

Diebold Inc. (NYSE: DBD) shares added 6.4% to $34.91, on volume of 1.2 million shares, or more than triple its daily average, after the ATM manufacturer reported better-than-expected fourth-quarter results.

Bank of America Corporation (NYSE: BAC) traded in 62 million shares Monday, compared to a daily average of 189 million. Share prices inched up 0.5% to $14.84.

Nokia Corp. (NYSE: NOK) shares declined 5.4% to $8.85, on volume of 65.1 million shares, towering over a daily average of 24.2 after the Finnish phone maker announced an alliance with software giant Microsoft Corp. (Nasdaq: MSFT), whose stock fell 0.4% to $27.13.

AAWW jumps, SIRI steady, ENOC bails

Monday, February 14th, 2011

Atlas Air Worldwide Holdings (Nasdaq: AAWW) share prices climbed 16.9% to $65.85. Volume was 773,502, more than three times its all-day volume, after it reported its fourth-quarter earnings increased 47% on improving airfreight demand, especially out of Asia.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 52.6 million shares Monday, compared to a daily average of 72.8 million. Share prices inched up 0.3% to $1.85, one day ahead of the company’s fourth-quarter report. Sirius is slated to release its earnings numbers on Tuesday.

EnerNOC Inc. (Nasdaq: ENOC) faded 12.6% to $17.91 Monday, on volume of 3.6 million shares, or 10 times its all-day volume, as an analyst cut its rating and price target for the company due to a billing issue that may create problems for the energy company.