CCME jumps, YHOO busy, GHL red

China MediaExpress Holdings (Nasdaq: CCME) shares leaped 16 percent to $22.69. Volume was 4.3 million shares, compared to an average of 1.3 million, on speculation the company could be subject to a massive short squeeze after short sellers have piled into the stock assuming the company is a fraud.

Yahoo Inc. (Nasdaq: YHOO) traded in 28.1 million shares Thursday, compared to a daily average of 17.4 million. Share prices gained 4.2 percent to $16.22

Greenhill (NYSE: GHL) shares dropped 10.1 percent to $73.75. Volume was 1.3 million shares, towering over its daily average of 183,502, on weak Q4 profit.

Tags: buzz stocks, CCME, Financial Stocks, GHL, nasdaq, NYSE, Technology Stocks, YHOO

This entry was posted on Thursday, January 27th, 2011 at 2:14 pm by Glenn and is filed under Consumer Discretionary Stocks, Financial 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.