Posted on Wednesday, March 23rd, 2011
PFSWEb Inc. (Nasdaq: PFSW) stepped on the accelerator Wednesday, gaining 25.4% in price to $4.15. Volume for the stock was nearly 630,000 shares, trouncing its daily average of 86,789, on better-than-expected Q4 earnings.
Micron Technology Inc. (Nasdaq: MU) proved among the busiest stocks on Wall St. Wednesday, trading in 39.5 million shares, just shy of its daily average around 41 million. Share prices budged 2.7% higher to $10.62, as investors awaited the release of MU’s Q2 financials results.
Marshall Edwards Inc. (Nasdaq: MSHL) slumped 15.7% Wednesday to register at $1.56 near the close. Volume for the stock was 143,091, or nearly double its usual volume.
Tags: buzz stocks, healthcare, MSHL, MU, nasdaq, PFSW, Technology Stocks
Posted in Health Care Stocks, Technology Stocks by Glenn | No Comments »
Posted on Wednesday, March 23rd, 2011
Golden Minerals Company (AMEX: AUMN) zoomed ahead 24.9% Wednesday to $22.98. Volume for the stock was 206,435 shares, or two-and-a-half times its normal daily volume, amid general buying of gold shares.
Ford Motor Company (NYSE: F) traded in 52.6 million shares, compared with a daily average of 86.6 million. Share prices were up 0.2% late in the session to $14.37.
Newcastle Investment Corp. (NYSE: NCT) shares shed 9.3% to $6.05 after the real-estate investment trust said it would sell 15 million shares. Volume was two million shares, compared to a daily average of 815,000.
Tags: AUMN, buzz stocks, consumer discretionary, F, Financial Stocks, NCT, NYSE
Posted in Consumer Discretionary Stocks, Financial Stocks by Glenn | No Comments »
Posted on Wednesday, March 23rd, 2011
Cintas Corp.(Nasdaq: CTAS) shares rose 5.3% to $29.63 Wednesday, on volume of 2.2 million shares, better than double its daily average, after the uniform supplier projected earnings above Wall Street’s expectations.
Cisco Systems Inc. (Nasdaq: CSCO) did fair business Wednesday, trading in 29.6 million shares, compared to an average of 71.4 million shares. Share prices inched up 0.5% to $17.55
Adobe Systems Inc. (Nasdaq: ADBE) shares fell 5% to $31.25, on volume of 11.3 million shares, more than twice its daily average, after the graphic-design software company projected second-quarter results below Wall Street estimates.
Tags: ADBE, buzz stocks, CSCO, CTAS, nasdaq, technology, Technology Stocks
Posted in Technology Stocks by Glenn | No Comments »
Posted on Wednesday, March 23rd, 2011
Omeros Corp. (Nasdaq: OMER) shares gained 10.6% to $6.69. Volume was 154,491 shares, or 2 and a half times the norm, after the biotechnology company said its potential eye-surgery treatment met key goals in a mid-stage study.
Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 44.7 million shares by noon ET Wednesday, in contrast to a daily average of 55.9 million. Share prices dipped a bit, though, by 2.4% to $1.67, after Howard Stern sued the satellite radio provider and at least one analyst cut his rating on the stock.
Cree Inc. (Nasdaq: CREE) shares fell 11.7% to $43.29, on volume of 14.2 million, towering over its average of 3.3 million, after the LED manufacturer trimmed its third-quarter revenue forecast.
Tags: biotech, Biotech Stocks, CREE, healthcare, nasdaq, OMER, siri, Technology Stocks
Posted in Health Care Stocks, Technology Stocks by Glenn | No Comments »
Posted on Wednesday, March 23rd, 2011
Jabil Circuit Inc. (NYSE: JBL) shares gained 10.9% to $20.99, on 9.1 million shares, or triple its full-day average, a day after the manufacturer of electronic parts projected third-quarter results that beat analysts’ estimates.
Bank of America Corporation (NYSE: BAC) traded in 110.6 million shares Wednesday, catching up rapidly on a daily average of 172.3 million. Share prices, though, demurred 2.5% to $13.53, after the Federal Reserve put a halt on BAC’s proposed dividend hike for this year.
Kingsway Financial Services Inc. (NYSE: KFS) took a drubbing in early Wednesday trading, falling 15.7% to 91 cents, on volume of 148,079, more than double its daily average. This, after announcing its fourth-quarter shareholder equity was likely to fall.
Tags: bac, buzz stocks, Financial Stocks, JBL, KFS, NYSE, Technology Stocks
Posted in Financial Stocks, Technology Stocks by Glenn | No Comments »
