Posts Tagged ‘TKLC’

SCON soars, BAC busy, TKLC tumbles

Thursday, February 10th, 2011

Superconductor Technologies Inc. (Nasdaq: SCON) shares raced ahead 11.7% to $2.95 Thursday, on volumes of 1.6 million shares, already four times its daily average.

Bank of America Corporation (NYSE: BAC) traded in 80.3 million shares Thursday, its daily average a hefty 190.9 million. Prices faded 0.9% to $14.52, after setting prices on mortgage bonds.

Tekelec Inc. (Nasdaq: TKLC) shares took a spill of 16.3% to $9.85. Volumes of 2.3 million shares better than tripled its daily average, after reporting Q4 loss of $8 million, or 12 cents per share, as revenue fell 27%, to $90.2 million.