YOKU moves skyward, INTC busy, GRB skids

YOUKU.COM (NYSE: YOKU) grew 27.72 percent in price Thursday afternoon to $42.71. Volume of 14,547,545 shares is catching up on its daily average of 16.94 million. The Chinese Internet television company celebrated its IPO Wednesday.

Intel Corporation (NasdaqGS: INTC) traded in 44,197,894 shares, to make it among the volume leaders early Thursday afternoon, catching up on its daily average of 60,330,900. Share prices were flat at $21.82.

Gerber Scientific Inc. (NYSE: GRB) fell in price 21.29 percent Thursday to $6.69, on volume of 63,726 shares, slightly more than its normal full-day average. The Connecticut-based Gerber reported revenue increased 9.0% to $129.3 million from $118.7 million. Gross profit was $38.6 million or 29.9% of sales versus $35.2 million or 29.7% of sales.

Tags: china stocks, consumer discretionary, GRB, INTC, nasdaq, NYSE, Technology Stocks, YOKU

This entry was posted on Thursday, December 9th, 2010 at 2:55 pm by Glenn and is filed under Consumer Discretionary Stocks, Consumer Staples 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.