NETL nails it, BAC busy, AFOP a flop

NetLogic Microsystems Inc. (Nasdaq: NETL) shares gained 10.2 percent to $39.90, on volumes of 1.9 million, ahead of its full-day average of 1.4 million, after the semiconductor maker projected first-quarter profit above Wall Street’s estimates.

Bank of America Corporation (NYSE: BAC) traded in 45.6 million Thursday, compared to an all-day average of nearly 200 million. Share prices gained 0.9 percent to $14.36.

Alliance Fiber Optic Products (Nasdaq: AFOP) dipped in price Thursday by 21 percent to $15.40. Volume was 556,841, or nearly four times its daily average, the day after announcing fourth quarter revenues of $11,638,000, a 55-percent increase from revenues of $7,517,000 reported in the fourth quarter of 2009.

Tags: AFOP, bac, buzz stocks, Financial Stocks, nasdaq, NETL, NYSE, technology, Technology Stocks

This entry was posted on Thursday, February 3rd, 2011 at 11:12 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.