Posts Tagged ‘LPTH’

LPTH runs toward light, SIRI has stronger signal, SBAY sub-par

Thursday, March 24th, 2011

LightPath Technologies Inc. (Nasdaq: LPTH) soared an incredible 89.8% in early afternoon trade Thursday, to $2.60. Volume for this stock was 1.8 million shares, trampling its usual volume of less than 26,000, after announcing new direct-to-China sales channels.

Sirius XM Radio Inc. (Nasdaq: SIRI) was a volume leader Thursday, dealing in 35.6 million shares, making headway on an all-day volume of 55.1 million. Share prices were up as well, by 1.6% to $1.70.

Subaye Inc. (Nasdaq: SBAY) listed lower Thursday afternoon by 15.5% to $3.16. Volume of 102, 964 trailed its daily average of 145,298.

NYNY comes up nuggets, MSFT big trader, LPTH slides

Thursday, November 18th, 2010

Empire Resorts Inc. (NasdaqGM: NYNY) gained 25.83 percent in price in Thursday afternoon trade to $1.51 Volume of 1,969,508 shares left its usual share volume of 164,241 in the dust. The casino operator announced last week that its wholly-owned subsidiary, Monticello Casino and Raceway, has added electronic roulette games to its increasingly diverse slot offerings.

Microsoft Corp. (NasdaqGS: MSFT) was among Thursday’s volume kingpins, trading in 46,986,893 shares Thursday afternoon, approaching its usual daily volume of 61,528,900 shares. Shares of the software giant inched up 1.17 percent to $25.87. Following the successful launch of Microsoft Dynamics GP 2010, MSFT announced Thursday that the upcoming release of Microsoft Dynamics GP 2010 R2 will provide midsize customers with new contextual business intelligence capabilities and additional ease-of-use features that make actionable information more accessible than before to people across an organization.

LightPath Technologies Inc. (NasdaqCM: LPTH) fell in price Thursday by 12.61 percent to $1.97. Volume of 56,602 shares narrowly bested the company’s usual daily volume of 39,762 shares. The Orlando-based global manufacturer, distributor and integrator of patented optical components and assemblies announced Wednesday that it has expanded its direct selling channels in China as part of its strategy to deliver high volumes of aspheric lenses to Asian manufacturers of optical equipment.