Posts Tagged ‘ELGX’

ELGX excels, INTC moving, IDSA idles

Wednesday, February 23rd, 2011

Endologix Inc. (Nasdaq: ELGX) shares rose 13.6% to $6.25, on share volume topping two million, more six times its average, after the maker of medical devices reported fourth-quarter income that beat Wall Street’s expectations.

Intel Corp. (Nasdaq: INTC) traded Wednesday in 72.2 million shares, surpassing a daily average of 53.3 million. Prices for the chip-maker skidded 2.7% to $21.22.

Industrial Services of America (Nasdaq: IDSA) faded 16.4% to $10.75 Wednesday, on share volume of more than 301,000, quintuple its daily average, after issuing guidance for last year’s fourth quarter, during which revenue is expected to be between $96 and $101 million compared with $37.7 million for the fourth quarter of 2009.