RES revved up, BAC solid, LCI wobbles

RPC Inc. (NYSE: RES) spiked 50.21 percent Monday to $21.11. Volume was 675,973 shares, just above pulling even with its normal daily average. The Atlanta-based RES provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the U.S.

Bank of America Corp. (NYSE: BAC) took its place among the volume leaders mid-morning Monday, trading in 63,254,656 shares, compared to its normal daily average of 209,350,000. BAC’s price inched back 0.16 percent to $12.78. Bank of America Merrill Lynch today announced that it has launched electronic FX options trading capabilities for institutional and corporate clients.

Lannett Co. Inc. (AMEX: LCI) dipped in price 13.28 percent to $5.21 soon after Monday’s opening. Volume was 74,742 shares, compared to a full-day average of 51,394. LCI develops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of indications.

Tags: amex, bac, Financial Stocks, LCI, NYSE, pharmaceutical stocks, RES

This entry was posted on Monday, December 13th, 2010 at 11:33 am by Glenn and is filed under Energy Stocks, Financial Stocks, Industrial Stocks, pharmaceutical 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.