SILC smooth, INTC exchanges lots of chips, RSH hits static

Posted on Monday, January 24th, 2011

Silicom Ltd. (NASDAQ: SILC) shares rocketed 18.1% to $20.91 Monday. Volume was 123,735, already three times its daily average on reporting quarterly revenues reached $9.9 million, a new record for the Company. This is an increase of 45% compared with $6.8 million in the fourth quarter of 2009. Net income was a record $2.0 million, up 45% compared with $1.4 million, for the fourth quarter of 2009.

Intel Corp. (Nasdaq: INTC) dealt in 21,422,815 shares Monday, gaining on its full-day average of 54,496,100. Share prices moved higher one percent to $21.02, on declaring a an 18.12-cent-per-share quarterly dividend.

RadioShack Corp.(NYSE: RSH) shares fell 13%  to $15.33 Monday, after the consumer-electronics retailer said Chief Executive Officer Julian Day would step down in May. Volume for the stock was 4,619,640 shares, surpassing its full-day average of 3,282,280.

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