Posts Tagged ‘AKAM’

SCI gallops, CIM sings, AKAM trails

Thursday, February 10th, 2011

Service Corporation International (NYSE: SCI) shares garnered 16.2% to $10.56 Thursday, on volumes of 3.4 million shares, nearly four times its daily average, after the company reported revenue of $571.3 million and adjusted earnings per share of $0.18, easily topping estimates of $0.13.

Chimera Investment Corporation (NYSE: CIM) traded in 43 million shares Thursday, nearly triple its daily average of 14.8 million. Prices faded 1.7% , however, to $4.18, after reporting EPS for the year of 66 cents.

Akamai Technologies Inc. (Nasdaq: AKAM) shares dove 13.9% to $41.32. Volumes of 32.2 million shares proved eight times its daily average, after a disappointing Q1 guidance.