LDK jumps, JPM busy, DANG slides

LDK Solar Co, Inc. (NYSE: LDK) grew in price 10.7 percent to $13.40. Volume was a hefty 12,730,432 shares, more than twice its full-day volume average, on speculation that the recent buzz out of Germany about feed-in tariff cuts makes a hard cap on solar installations a lot less likely.

JP Morgan Chase & Co. (NYSE: JPM) was a volume leader Tuesday, trading in 40,111,730 shares, surpassing its full-day average of 38,489,000. Prices for the stock were flat at $44.78. This, amid word that Morgan wrongly foreclosed on 14 active-service military families and overcharged thousands more on their mortgages.

E-Commerce China Dangdang Inc. (NYSE: DANG) fell 8.5 percent to $31.00. Volume for the stock was 4,014,004 shares, just below its all-day average of 5,006,680. DANG is a leading business-to-consumer, or B2C, e-commerce company in China.

Tags: alternative energy stocks, buzz stocks, china stocks, consumer discretionary, DANG, Financial Stocks, JPM, LDK, NYSE

This entry was posted on Tuesday, January 18th, 2011 at 4:18 pm by Glenn and is filed under Consumer Discretionary Stocks, Energy Stocks, Financial 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.