DDS climbs, F steady, GENE fades

Posted on Thursday, January 20th, 2011

Dillard’s Inc. (NYSE: DDS) moved 14.8 percent higher Thursday to $43.11. Volume of 5,212,355 shares proved better than five times its full-day average, after the department store chain said it plans to form a wholly-owned real estate investment trust subsidiary to improve its liquidity.

Ford Motor Company (NYSE: F) was a volume leader Thursday, dealing in 70,636,808 shares, closing the gap on its full-day average of 84,309,500. Share prices dipped 1.2 percent to $17.68.

Genetic Technologies Ltd. (Nasdaq: GENE) shares stumbled 22.1 percent to $3.78. Volume was 353,535 shares, more than six times its daily average. GENE is a leading-edge genetic testing business which, together with an extensive range of international patents and allied research activities, aims at uncovering the impact of DNA on health.

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