CRDC in gear, INTC busy trader, ENMD drops

Posted on Monday, December 13th, 2010

Cardica Inc. (NasdaqGM: CRDC) rocketed up 23.49 percent mid-afternoon Monday to $3.47. Volume for the stock was 630,521 shares, or more than 10 times its normal daily average. CRDC designs and manufactures proprietary stapling and anastomotic devices for cardiac and endoscopic surgical procedures.

Intel Corp. (NasdaqGS: INTC) traded in 56,971,125 shares, closing in on Intel’s its normal daily average of 59,805,000. Prices for the chipmaker tailed off a bit, though, 1.87 percent to $21.50.

EntreMed Inc. (NasdaqCM: ENMD) moved earthward 7.35 percent to $5.04 on Monday afternoon. Volume was 206,151 shares, more than double its full-day average. ENMD, based in Rockville, Md., is a clinical-stage pharmaceutical company developing therapeutics for the treatment of cancer

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