Posts Tagged ‘ABAT’

AMIE a delight, BAC in talks, ABAT misses boat

Wednesday, March 30th, 2011

Ambassadors International (Nasdaq: AMIE) leaped 50.4% in price early Wednesday to $1.76. Volume for the stock was 436,841 shares, or more than 12 times its normal volume.

Bank of America (NYSE: BAC) reassumed its role atop the volume board Wednesday, trading in 72.9 million shares, compared to its daily average of 170.4 million. Prices increased 1% to $13.48, amid talk the bank was joining with Wells Fargo and Chase on negotiating with the states on foreclosure practices.

Advanced Battery Technologies (Nasdaq: ABAT) skidded 41% in price Wednesday to $2.05. Volume was a towering 18.7 million, compared to a daily average of less than one million.