GSL grows, CSCO trades, PEIX plummets

Global Ship Lease, Inc. (NYSE: GSL) grew 14.1 percent in price Thursday to $5.75. Volume of 1,242,177 shares proved better than five times its normal daily volume. GSL is a London-based a containership charter owner.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 54,783,485 shares by late afternoon Thursday. While this put CSCO among the volume leaders, it was still below its daily average of 71,315,200. Prices for the stock gained 0.8 percent to $20.95. Verizon Wireless and Cisco today announced Verizon Wireless will be the first service provider to deliver a fourth-generation (4G) wireless version of Cisco Cius™, a purpose-built, mobile collaboration business tablet that will be available in Spring 2011.

Pacific Ethanol Inc. (Nasdaq: PEIX) fell 11.8 percent in Thursday trading to 91.69 cents. Volume for the stock was 6,410,502 shares, nearly triple its daily average. PEIX is leading West Coast marketer and producer of low-carbon renewable fuels.

Tags: CSCO, Energy Stocks, GSL, nasdaq, NYSE, peix, Technology Stocks

This entry was posted on Thursday, January 6th, 2011 at 4:04 pm by Glenn and is filed under Energy 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.