Lee Enterprises Inc. (NYSE: LEE) leaped 14.9 percent in price to $3.31. Volume was 808,866, or better than twice its full-day volume average, on reports the company enjoyed 38-percent better ad revenue in its first fiscal quarter.

Merck & Company Inc. (NYSE: MRK) was active Tuesday, dealing in 36,816,766 shares Thursday, better than twice its full-day average. Share prices were off, though, 0.8 percent to $33.95. Merck is teaming up with Ariad Pharmaceuticals on a drug to target cancerous tumors of the soft tissue or bone.

Mad Catz Interactive Inc. (AMEX: MCZ) skidded 16.5 percent to 96 cents, while volume for the stock was 2,819,600 shares, more than four times its all-day average. MCZ designs, manufactures, markets, and distributes accessories for videogame platforms, personal computers (PC), and iPod and other audio devices.