Posts Tagged ‘BITA’

BITA rockets up, GE buzzing, ANTP stumbles

Wednesday, January 19th, 2011

Bitauto Holdings Limited America (NYSE: BITA) increased in price 12 percent to $10.48 midday Wednesday. Volume of 381,406 shares trailed its full-day volume average of 395,615, after Oppenheimer initiated coverage on the stock at Outperform.

General Electric Company (NYSE: GE) traded Wednesday in 33,684,575 shares, catching up on its full-day average of 54,463,100. Prices for the stock slid 1.6 percent to $18.31, after stating that its deals with China have totaled $2 billion.

Phazar Corporation (Nasdaq: ANTP) toppled 17.3 percent Wednesday to $3.79. Volume for the stock was 158,483 shares, four times its normal daily volume. Wednesday, Phazar reported quarterly Earnings Per Share of $0.01 vs. $0.00 in 2Q10; revenues rose 8% year-over-year to $2.3 million.

ZQK is quick, MGM calls on markers, BITA gets bitten

Thursday, December 9th, 2010

Quicksilver, Inc. (NYSE: ZQK) propspered 20.52 percent Thursday afternoon to $5.58. Volume was 7,145,473 shares dwarfed its daily average of 1,018,300.

MGM Resorts International (NYSE: MGM) traded in 44,877,735 shares Thursday, pulling ahead of its daily average of 34,610,000. Share prices were down 1.74 percent at $13.54, amid a move to get Nevada Senator Harry Reid on board with a bill to back Internet gambling. MGM is the dominant casino operator in Las Vegas.

Bitauto Holdings Ltd. (NYSE: BITA) took a hit in price 11.85 percent Thursday to $8.85, on volume of 473,339 shares, just better than half its normal full-day average. BITA made its debut last month, and is a leading provider of Internet content and marketing services for China’s fast-growing automotive industry.