Posted on Monday, March 28th, 2011
Novogen Limited (Nasdaq: NVGN) vaulted an incredible 145.3% in price Monday afternoon to $2.60, on volume of four million shares, trampling over an average of less than 140,000 a day.
Cisco Systems Inc. (Nasdaq: CSCO) dealt in 30.9 million shares by post-lunch hour Monday, compared to a daily average of 71.5 million shares. CSCO shares sold for $17.31, or just 0.1% more than they closed on Friday, as CSCO showed up on a short list of “insanely cheap tech stocks” posted by the site known as Minyanville.
Tasty Baking Company (Nasdaq: TSTY) fell without a parachute Monday afternoon, losing 14.8% in price to $1.78. Volume of just over 209,000 more than doubled its daily average, after delaying the release of its annual report.
Tags: buzz stocks, consumer discretionary, CSCO, healthcare, nasdaq, NVGN, Technology Stocks, TSTY
Posted in Consumer Discretionary Stocks, Health Care Stocks, Technology Stocks by Glenn | No Comments »
Posted on Monday, March 28th, 2011
Alcatel-Lucent SA (NYSE: ALU) shares added 7.7% to $5.75, on volume of 34 million shares, nosing out its average for the day, after the telecom-equipment stock was upgraded to buy from neutral by Goldman Sachs.
Sirius XM Radio Inc. (Nasdaq: SIRI) beamed out to stock traders Monday, dealing in 25.6 million shares by noon ET, compared to a full-day average of 53.7 million. Share prices subsided, though, by 0.6% to $1.71.
On Track Innovations (Nasdaq: OTIV) faded in price 12.3% to $2.21 Monday noon, on volume of nearly 489,000 shares, already outdoing its all-day average of 376,797. Monday, the company announced operating profit of $2.8 million of 2010.
Tags: ALU, buzz stocks, nasdaq, NYSE, OTIV, siri, technology, Technology Stocks
Posted in Technology Stocks by Glenn | No Comments »
Posted on Monday, March 28th, 2011
Eastman Kodak Co. (NYSE: EK) shares rallied 10.9% to $3.77. Volume of nearly 39 million shares during the morning proved nearly quadruple its full-day average. The U.S. International Trade Commission said Friday it will review a patent decision that went against Kodak in January.
Citigroup Inc. (NYSE: C) dealt in nearly 78 million shares early Monday, rapidly gaining on a full-day average of 487.2 million. Share prices for C, however, stumbled 0.8% to $4.43, amid word of a drop in short interest for Citi and Bank of America.
China Integrated Energy Inc. (Nasdaq: CBEH) share prices trailed Friday’s close by 24.6% to $2.83, on volume of 3.8 million shares, dwarfing its all-day average of 853,489.
Tags: buzz stocks, C, CBEH, china stocks, consumer discretionary, EK, Energy Stocks, Financial Stocks, nasdaq, NYSE
Posted in Consumer Discretionary Stocks, Energy Stocks, Financial Stocks by Glenn | No Comments »
Posted on Monday, March 28th, 2011
Rural/Metro Corporation (NASDAQ: RURL) shares leaped 36.3% to $17.11. More than four million shares changed hands in the first hour, overwhelming a full-day average around 91,000, after it announced it has entered into a definitive agreement for the acquisition of the Company by the private equity firm Warburg Pincus in an all-cash transaction.
Verigy Ltd. (Nasdaq: VRGY) was among the volume leaders in the early going Monday, trading in 9.1 million shares, compared to a full-day average of 1.2 million. Share prices were up 0.4% to $14.23, amid stories Advantest was to buy Verigy for $1.1 billion.
Fuqi International Inc. (Nasdaq: FUQI) shares fell 5.7% to $3.17. Share volume topped 883,000, trumping its average of 568,635. The Chinese jewelry company again delayed the filing of its restated 2009 results, citing an internal investigation of cash transfers.
Tags: buzz stocks, china stocks, consumer discretionary, FUQI, nasdaq, RURL, technology, Technology Stocks, VRGY
Posted in Consumer Discretionary Stocks, Technology Stocks by Glenn | No Comments »
Posted on Thursday, March 24th, 2011
TranS1 Inc. (Nasdaq: TSON) shares gained 25.8% to $4.10. Volume was 8.2 million shares, up against a daily average of only 172,000, after the medical-device manufacturer said U.S. regulators had cleared its spinal implant system.
Cisco Systems Inc. (Nasdaq: CSCO) was a volume champion Thursday, with 51.3 million shares changing hands, still below its average of 71.5 million. Share prices for CSCO were down, however, by 1.3% to $17.36.
Ebix Inc. (Nasdaq: EBIX) suffered a price nosedive of 24.2% Thursday to $22.53, on volume of 14.1 million shares, towering over its average of 575,442. Monitoring system BUYINS.NET announced it was updating its coverage of EBIX.
Tags: buzz stocks, CSCO, EBIX, healthcare, nasdaq, technology, Technology Stocks, TSON
Posted in Health Care Stocks, Technology Stocks by Glenn | No Comments »