ICGN up, MU down, XRS schooled

Posted on Wednesday, January 26th, 2011

Icagen Inc. (Nasdaq: ICGN) shares jumped 16.8 percent to $3.06 Wednesday, on volume of 1.1 million shares, better than double its daily average. Last week, the company was upgraded MLV Capital from “hold” to “upgrade”.

Micron Technology Inc. (Nasdaq: MU) bought and sold 26.7 million shares, just shy of its daily average of 33.9 million. Share prices inched up 0.4 percent to $10.01, on word of a downgrade from “neutral” to “negative” Tuesday by Avian.

TAL Education Group (NYSE: XRS) shares lost 6.7 percent to $12.17 Wednesday, on volume of 1.0 million shares, more than five times its daily average. The after-school tutoring services company reported a 47.7-percent increase in revenue, to $24.1 million in the quarter, as total student enrollment grew 25 percent .

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