Posts Tagged ‘nasdaq’

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PFSW soars, MU far from mute, MSHL moody

Wednesday, March 23rd, 2011

PFSWEb Inc. (Nasdaq: PFSW) stepped on the accelerator Wednesday, gaining 25.4% in price to $4.15. Volume for the stock was nearly 630,000 shares, trouncing its daily average of 86,789, on better-than-expected Q4 earnings.

Micron Technology Inc. (Nasdaq: MU) proved among the busiest stocks on Wall St. Wednesday, trading in 39.5 million shares, just shy of its daily average around 41 million. Share prices budged 2.7% higher to $10.62, as investors awaited the release of MU’s Q2 financials results.

Marshall Edwards Inc. (Nasdaq: MSHL) slumped 15.7% Wednesday to register at $1.56 near the close. Volume for the stock was 143,091, or nearly double its usual volume.

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CTAS pops, CSCO busy, ADBE ails

Wednesday, March 23rd, 2011

Cintas Corp.(Nasdaq: CTAS) shares rose 5.3% to $29.63 Wednesday, on volume of 2.2 million shares, better than double its daily average, after the uniform supplier projected earnings above Wall Street’s expectations.

Cisco Systems Inc. (Nasdaq: CSCO) did fair business Wednesday, trading in 29.6 million shares, compared to an average of 71.4 million shares. Share prices inched up 0.5% to $17.55

Adobe Systems Inc. (Nasdaq: ADBE) shares fell 5% to $31.25, on volume of 11.3 million shares, more than twice its daily average, after the graphic-design software company projected second-quarter results below Wall Street estimates.

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OMER gets traction, SIRI gets sued, CREE gets dumped

Wednesday, March 23rd, 2011

Omeros Corp. (Nasdaq: OMER) shares gained 10.6% to $6.69. Volume was 154,491 shares, or 2 and a half times the norm, after the biotechnology company said its potential eye-surgery treatment met key goals in a mid-stage study.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 44.7 million shares by noon ET Wednesday, in contrast to a daily average of 55.9 million. Share prices dipped a bit, though, by 2.4% to $1.67, after Howard Stern sued the satellite radio provider and at least one analyst cut his rating on the stock.

Cree Inc. (Nasdaq: CREE) shares fell 11.7% to $43.29, on volume of 14.2 million, towering over its average of 3.3 million, after the LED manufacturer trimmed its third-quarter revenue forecast.

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DYSL barrels out of blocks, C hires, XOMA trails off

Wednesday, March 23rd, 2011

Dynasil Corporation (Nasdaq: DYSL) shares skyrocketed 70.2% to $6.62, on volume of 156,500 shares, towering over its average of 9,172 a day, after it announced that its research division was granted additional U.S. patent claims for advances in a detector material capable of responding independently to both neutron and gamma radiation.

Citigroup Inc. (NYSE: C) was a volume leader in early trading on Wednesday, dealing in 114.7 million shares, against a full-day average of 487.6 million. Share prices eased 1.6% to $4.35, after C announced the hiring of former StanChart banker Martin Lovegrove to head its energy services division.

Xoma Ltd. (Nasdaq: XOMA) shares were off 28.5% to $3.59, on volume of 2.6 million, catching up on a daily average of 4.2 million, a day after the company said a diabetes-treatment candidate did not yield better results than a placebo in a study.

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FORM firm, SIRI flat, CELL is selling

Monday, March 21st, 2011

FormFactor Inc.(Nasdaq: FORM) shares climbed 14.6% Monday to $9.90, on volume of just over a million shares, nearly twice what it would normally trade in a day, after a Citigroup analyst noted that the provider of test equipment to the semiconductor industry had a large order.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 30 million shares Monday, and while impressive, it was just barely half of its normal volume of 56 million. Share prices were flat at $1.71, on word that meal ticket Howard Stern announced he was cutting back on his workload.

Brightpoint Inc. (Nasdaq: CELL) fell 15.3% Monday to $10.70, on volume of 2.8 million shares, or four times its normal volume, after the company entered into a strategic alliance with Intcomex.

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