NAVI goes sailing, INTC busy, ALVR goes south

NaviSite Inc. (Nasdaq: NAVI) shares advanced 31.7 percent to $5.44, on volume of 9.4 million, overwhelming a daily average of about 91,000, after cable and Internet-service provider Time Warner Cable Inc. (NYSE: TWC) late Tuesday said it would acquire the remote-server host provider for about $230 million.

Intel Corporation (Nasdaq: INTC) traded in 17.4 million shares Wednesday, trailing a daily average volume of 55.6 million. Prices for the stock improved 0.7 percent to $21.62, as the fallout continued from its billion-dollar chip error.

Alvarion Ltd (Nasdaq: ALVR) shares declined 11.3% to $1.96. Volume for the stock was 572,918 shares, better than twice its daily average, after the Israeli maker of wireless-broadband equipment reported a larger fourth-quarter loss.

Tags: ALVR, buzz stocks, INTC, nasdaq, NAVI, technology, Technology Stocks

This entry was posted on Wednesday, February 2nd, 2011 at 11:42 am by Glenn and is filed under 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.