KONE soars, BAC busy, FFIV falters

Kingtone Wireless Info Solutions (Nasdaq: KONE) climbed 14.4 percent in price Thursday to $3.65. Volume of 433,351 shares nearly quadrupled its full-day average. KONE Thursday announced quarterly revenues increased 36.1% to $5.33 million from $3.92 million in the prior year period. Gross profit increased 104.7% to $4.64 million from $2.27 million in the prior year period

Bank of America Corp. (NYSE: BAC) dealt in 130,095,328 shares, short of its full-day average of 214,812,000. Share prices were flat at$14.38.

F5 Networks Inc. (Nasdaq: FFIV) shares slid 21.7 percent to $108.64. Volume was 12,376,855, far better than the daily average of 2,678,010, after the Internet-traffic software company projected second-quarter revenue below Wall Street expectations.

Tags: bac, buzz stocks, communications, FFIV, Financial Stocks, KONE, nasdaq, NYSE, Technology Stocks

This entry was posted on Thursday, January 20th, 2011 at 12:16 pm 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.