RAD adds, T subtracts, MEG a mess

Posted on Thursday, January 27th, 2011

Rite Aid Corporation (NYSE: RAD) shares hiked 15.5 percent to $1.27. Volume was 26.2 million shares, swamping its usual share volume of 3.7 million, after reporting positive January same-store sales figures.

AT &T Inc. (NYSE: T) traded in 58.2 million shares Thursday, compared to a daily average of 24.2 million. Share prices for T eased 2.1 percent to $28.13, after noticing a 60-percent drop in Q4 net income.

Media General Inc. (NYSE: MEG) shares descended 9.1 percent to close Thursday at $5.20. Volume was 219,543 shares outdistanced its daily average of 169,017. MEG reported lower Q4 earnings as print ads declined.

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