Archive for the ‘Technology Stocks’ Category

IPGP in the picture, ALU not aloof, MRNA below surface

Thursday, February 10th, 2011

IPG Photonics Corporation (Nasdaq: IPGP) shares gained 33.6% to $46.42 Thursday, on volumes of 636,815 shares, already triple its daily average, after the Oxford, Mass. company said it expects Q4 revenue of about $100 million, ahead of its forecast of $80 million to $86 million. It expects Q4 earnings of 53 to 56 cents a share, ahead of its earlier view of 30 to 35 cents a share.

Alcatel-Lucent SA (NYSE: ALU) traded in nearly 57 million shares Thursday, trumping its daily average of 16.6 million. Prices leaped 20% to $4.28, after the telecom-equipment group said profit soared in the fourth quarter on rising demand for broadband networks across the globe.

Marina Biotech Inc. (Nasdaq: MRNA) shares declined 28.6% to 80 cents. Volumes of 5.2 million shares made mincemeat of a daily average of 375,934, a day after the Bothell, Wash. company announced that it intends to offer and sell common stock and warrants in an underwritten public offering.

WFMI comes to eat, C steady CSCO bruised

Thursday, February 10th, 2011

Whole Foods Market Inc. (Nasdaq: WFMI) shares gained 11.2% to $59.77, on volumes of 3.4 million shares, already twice its daily average, after the natural-foods grocer late Wednesday hiked its full-year earnings guidance.

Citigroup Inc. (NYSE: C) took its place at the head of the volume parade, trading in 112.7 million shares Thursday, making headway on its daily average of 544.3 million. Prices dropped 0.9%, however, to $4.80, after its Securities and Funds arm swore in a new Chief Operating Officer.

Cisco Systems Inc. (Nasdaq: CSCO) shares declined 12.4% to $19.31. Volumes were 174.1 million shares, obliterating a daily average of 75.4 million, after the networking-equipment giant late Wednesday reported poor quarterly margins.

PRCP pops, NVDA busy, NAK goes south

Wednesday, February 9th, 2011

Perceptron Inc. (Nasdaq: PRCP) shares ascended 18.6% to $6.96, on volume of 771,790 shares, squashing a daily average of 16,880, after being upgraded by Barrington Research from market perform to outperform.

Nvidia Corporation (Nasdaq: NVDA) traded in 31.9 million shares Wednesday, beating out its daily average of 24 million. Prices dropped 2.4% to $23.29, after the stock gained as much as 38% during January.

Northern Dynasty Minerals Inc. (AMEX: NAK) shares plummeted 14.4% to $17.64 Wednesday. Volume of three million shares overwhelmed a full-day average of 645,000.

WWWW is wow, F drives big volume, AHCI sick

Wednesday, February 9th, 2011

Web.com Group Inc. (Nasdaq: WWWW) shares climbed 19.4% to $11.78, on volume of 1.7 million shares, compared to a daily average of 304,659, after upbeat Q4 results.

Ford Motor Company (NYSE: F) traded in 57 million shares Wednesday, still trailing its daily average of 92.6 million. Prices dipped nearly one percent to $16.08, after announcing vehicles in its Mexican market.

Allied HealthCare International (Nasdaq: AHCI) shares faded 12.6% to $2.15 Wednesday. Volume of 2.9 million shares towered over a full-day average of 99,000, after announcing its quarterly profits were hit by U.K. budget cuts.

JDSU joyful, SIRI does serious volume, USNA sells off

Wednesday, February 9th, 2011

JDS Uniphase Corp. (Nasdaq: JDSU) shares climbed 7.1% to $24.47, on volume of 24.5 million shares, compared to a daily average of 5.4 million. The maker of optical networking equipment reported great earnings last week, and shares are up an astonishing 36% since then.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 30 million shares Wednesday, still trailing its daily average of 49.1 million. Prices dipped 0.8% to $1.77, after the company hinted revenues will beat expectations on next week’s release of “Valentine’s Radio,” a four-day, limited-run channel.

USANA Health Sciences Inc. (NYSE: USNA) shares faded 12.5% to $35.20 Wednesday. Volume of 273,149 shares towered over a full-day average of 41,636, after announcing its fourth-quarter profit improved 21% over the year before.