NTES shows knack, BAC backtracks, JACK shows cracks

NetEase.com Inc. (Nasdaq: NTES) U.S.-listed shares rose 7.2% to $45.95, on share volume of 1.9 million, nearly triple its full-day average, after the Chinese provider of online games reported a fourth-quarter profit that beat Wall Street estimates late Wednesday.

Bank of America Corporation (NYSE: BAC) traded in 51.9 million shares before noon ET Thursday, catching up on an all-day average of 186.7 million. BAC prices dropped 1.9%, though, to $13.90.

Jack in the Box Inc. (Nasdaq: JACK) shares fell 5.8% to $21.95, on volume of 614,000, already outdistancing its daily average of around 541,000, a day after the fast-food chain reported its quarterly results and updated guidance for the year.

Tags: bac, china stocks, consumer discretionary, Financial Stocks, JACK, nasdaq, NTES, NYSE

This entry was posted on Thursday, February 24th, 2011 at 11:16 am by Glenn and is filed under Consumer Staples 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.