Posted on Wednesday, January 12th, 2011
Affymetrix Inc. (Nasdaq: AFFX) shares gained 16.4% to $5.46 Wednesday. Volume of 1,666,321 proved nearly double its full-day average. The rise comes after the company said it expects to report a profit in the fourth quarter and announced that it signed a distribution deal with Thermo Fisher Scientific.
Sprint Nextel Corporation (NYSE: S) traded in 39,482,210 shares Wednesday, approaching its daily average of 45,195,800. Prices for S nudged ahead 0.3 percent to $4.41.
SuperMedia Inc. (Nasdaq: SPMD) fell 7.2 percent Wednesday to $8.82 Volume for the stock was 443,787 shares, surpassing its daily average of 396,158. SPMD is an advertising agency for local small- to medium-sized businesses across the United States.
Tags: AFFX, nasdaq, NYSE, S, SPMD, Technology Stocks
Posted in Technology Stocks by Glenn | No Comments »
Posted on Wednesday, January 12th, 2011
CorMedix Inc. (AMEX: CRMD) shares gained 20.5% to $2.14 Wednesday. Volume of 157,948 proved nine times its full-day average. CRMD is a pharmaceutical company that seeks to in-license, develop and commercialize therapeutic products for the prevention and treatment of cardiac and renal dysfunction.
NVIDIA Corporation (Nasdaq: NVDA) traded in 57,205,492 shares Wednesday, nearly tripling its daily average. Prices for NVDA leapt 12.5 percent to $22.85. The chip maker’s stock is now up more than 100% over the past three months amid upbeat analyst reviews of its recent initiatives, particularly in the tablet and smart phone markets.
RF Monolithics, Inc. (Nasdaq: RFMI) fell 5.7 percent Wednesday to $1.82 Volume for the stock was 252,129 shares or more than eight times its daily average. Tuesday, the Dallas-based RFMI reported quarterly net income of $160,000 or $0.01 per share.
Tags: amex, CRMD, healthcare, nasdaq, NVDA, pharmaceutical stocks, RFMI, Technology Stocks
Posted in Health Care Stocks, Technology Stocks by Glenn | No Comments »
Posted on Wednesday, January 12th, 2011
Innolog Holdings Corp (OTCBB: INHC) rocketed up 166.7 percent Wednesday to eight cents, on volume of 49,490 shares. This compares to 16,578 on an average day. INHC is a holding company for the purpose of acquiring businesses that provide services primarily to federal government entities.
Greenshift Corp. (OTCBB: GERS) was active Wednesday, trading in 56 million shares, catching up on its all-day average of 66 million. Prices for GERS were flat at two-100ths of a cent. GERS develops and commercializes clean technologies.
Bingo.com Ltd. (OTCBB: BNGOF) plummeted in price by 53.8 percent to six cents Wednesday. Volume for the stock was 27,140 shares, short of its daily average of 44,552. BNGOF is the parent company of the Bingo.com group of companies.
Tags: alternative energy stocks, BNGOF, consumer discretionary, GERS, INHC, otcbb, Penny Stocks, small cap stocks
Posted in Consumer Discretionary Stocks, Industrial Stocks by Glenn | No Comments »
Posted on Wednesday, January 12th, 2011
Curis Inc. (Nasdaq: CRIS) shares gained 20.2% to $2.74 Wednesday. Volume of 1,361,514 proved four times its full-day average. The Mass.-based CRIS is a drug development company seeking to develop next generation targeted small molecule drug candidates for cancer treatment.
Micron Technology Inc. (Nasdaq: MU) traded in 53,997,533 shares Wednesday, nearly doubling its daily average of 30,541,700. Prices for MU were up 7.1 to $9.34.
Thoratec Corporatino (Nasdaq: THOR) fell 7.4 percent Wednesday to $28.81. Volume for the stock was 4,263,232 shares or three times its daily average. THOR is a world leader in device-based mechanical circulatory support therapies to save, support and restore failing hearts.
Tags: CRIS, healthcare, MU, nasdaq, pharmaceutical stocks, Technology Stocks, THOR
Posted in Health Care Stocks, Technology Stocks by Glenn | 1 Comment »
Posted on Wednesday, January 12th, 2011
ITT Corp. (NYSE: ITT) shares gained 13.9% to $60.10 Wednesday after the defense contractor said it would split into three separate publicly traded companies. Volume of 14,510,255 overwhelmed a full-day average of 1,262,170.
General Electric Company (NYSE: GE) traded in 31,018,867 shares Wednesday, just better than half its all-day average of 57,041,400. Prices for GE were flat at $18.64. Wednesday, GE Intelligent Platforms announced the PCIE-5565PIORC low profile PCI Express reflective memory node card
Central Pacific Financial Corp. (NYSE: CPF) fell 8.2 percent Wednesday to $2.25. Volume for the stock was 924,167 shares or nearly 4 1/2 times its daily average, only a day after double-digit stock gains.
Tags: CPF, Financial Stocks, GE, Industrial Stocks, ITT, NYSE, Technology Stocks
Posted in Financial Stocks, Industrial Stocks by Glenn | 1 Comment »
