JBL has jump, BAC backtracks, KFS get crowned

Jabil Circuit Inc. (NYSE: JBL) shares gained 10.9% to $20.99, on 9.1 million shares, or triple its full-day average, a day after the manufacturer of electronic parts projected third-quarter results that beat analysts’ estimates.

Bank of America Corporation (NYSE: BAC) traded in 110.6 million shares Wednesday, catching up rapidly on a daily average of 172.3 million. Share prices, though, demurred 2.5% to $13.53, after the Federal Reserve put a halt on BAC’s proposed dividend hike for this year.

Kingsway Financial Services Inc. (NYSE: KFS) took a drubbing in early Wednesday trading, falling 15.7% to 91 cents, on volume of 148,079, more than double its daily average. This, after announcing its fourth-quarter shareholder equity was likely to fall.

Tags: bac, buzz stocks, Financial Stocks, JBL, KFS, NYSE, Technology Stocks

This entry was posted on Wednesday, March 23rd, 2011 at 11:50 am by Glenn and is filed under 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.