TSON in orbit, CSCO buzzes, EBIX swoons

TranS1 Inc. (Nasdaq: TSON) shares gained 25.8% to $4.10. Volume was 8.2 million shares, up against a daily average of only 172,000, after the medical-device manufacturer said U.S. regulators had cleared its spinal implant system.

Cisco Systems Inc. (Nasdaq: CSCO) was a volume champion Thursday, with 51.3 million shares changing hands, still below its average of 71.5 million. Share prices for CSCO were down, however, by 1.3% to $17.36.

Ebix Inc. (Nasdaq: EBIX) suffered a price nosedive of 24.2% Thursday to $22.53, on volume of 14.1 million shares, towering over its average of 575,442. Monitoring system BUYINS.NET announced it was updating its coverage of EBIX.

Tags: buzz stocks, CSCO, EBIX, healthcare, nasdaq, technology, Technology Stocks, TSON

This entry was posted on Thursday, March 24th, 2011 at 4:15 pm by Glenn and is filed under Health Care Stocks, Technology Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.