GKK gets some traction, S trades widely, GNI in the swamp

Gramercy Capital Corp. (NYSE: GKK) shares gained 10.4 percent to $3.09 Monday. Volume of 1,551,914 shares was more 2 1/2 times its usual volume. GKK is a self-managed integrated commercial real estate finance and property investment company.

Sprint Nextel Corp. (NYSE: S) traded in 47,181,985 shares Monday afternoon, approaching its daily average of 51,474,800. Prices for S trailed Friday’s close by 2.9 percent to $4.55. Consumers today will begin seeing TV advertising in a campaign touting the benefits of the company’s third 4G-capable smartphone.

Great Northern Iron Ore Properties (NYSE: GNI) dipped 21.6 percent Monday to $104.42. Volume for the stock of 121,377 shares proved 11 times its daily average, after Citron Research issued a negative report on the company.

Tags: Energy Stocks, Financial Stocks, GKK, GNI, NYSE, S, Technology Stocks

This entry was posted on Monday, January 10th, 2011 at 3:10 pm by Glenn and is filed under Energy 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.