NVDA steps on gas, CSCO sizzles, REDF slides

Nvidia Corp. (Nasdaq: NVDA) shares added 12.1% to $24.90, after Barron’s said the chip maker’s stock might rise as much as 80% in the next year. Volume for NVDA was 29.1 million shares, better than its daily average of 22.3 million.

Cisco Systems Inc, (Nasdaq: CSCO) dealt in 25 million shares Monday, making headway against its full-day average of 72 million. Share prices moved higher 1.7 percent to $21.08, on word of its price target being raised at Barclays to $24 from $22.

Rediff.com India Limited (Nasdaq: REDF) dropped 8.4 percent to $7.39 Monday. Volume for the stock was 806,955 shares, just now nosing out its daily average. The Mumbai-based REDF is one of the premier worldwide online providers of news, information, communication, entertainment, mobile and shopping services.

Tags: buzz stocks, communications, CSCO, nasdaq, NVDA, REDF, Technology Stocks

This entry was posted on Monday, January 24th, 2011 at 1:07 pm 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.