ERTS buzzes, SIRI beams, GNW gives back

Electronic Arts Inc. (Nasdaq: ERTS) shares climbed 15.2 percent to $17.99. Volume for the stock was 20.3 million shares, compared to an average of less than five million, after the video-game publisher late Tuesday announced a $600-million share-buyback plan and hiked its 2011 earnings outlook.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 60.2 million shares, catching its daily average volume of 51.5 million. Prices for the stock leaped 5.2 percent to $1.72, as speculation as to who will buy SIRI from Citigroup.

Genworth Financial Inc. (NYSE: GNW) shares fell 10 percent to $12.54. Volume for the stock was 11.7 million shares, compared to daily average of 6.1 million, after the insurer reported a surprise fourth-quarter loss as its mortgage operation weighed on results.

Tags: buzz stocks, consumer discretionary, ERTS, Financial Stocks, GNW, nasdaq, NYSE, siri, Technology Stocks

This entry was posted on Wednesday, February 2nd, 2011 at 11:15 am 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.