RVBD flows, BAC solid, CPF swoons

Riverbed Technology Inc. (Nasdaq: RVBD) shares rose 12.8% to $34.88, on volume of 12.3 million shares, compared to a daily average of 5.4 million, a day after the maker of computer-networking products projected first-quarter earnings above expectations.

Bank of America Corp. (NYSE: BAC) traded in 69.2 million shares, catching up on its daily average of 152.5 million. Prices slid 1.2% to $13.31, amid a general retreat among bank stocks.

Central Pacific Financial Corp. (NYSE: CPF) dipped 21.2% in price to $15.05 early Wednesday afternoon. Volume of 219,000 shares quadrupled its daily average.

Tags: bac, buzz stocks, CPF, Financial Stocks, nasdaq, NYSE, RVBD, Technology Stocks

This entry was posted on Wednesday, April 13th, 2011 at 12:56 pm by Glenn and is filed under Financial Stocks, Technology 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.