ZOOM takes off, BAC busy, EMKR loses traction

Zoom Technologies Inc. (Nasdaq: ZOOM) hiked 37.07 percent in price Wednesday to $5.25. Volume of 4,118,839 shares blew its daily average of 167,512 out of the water. Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for the latest generation mobile phones.

Bank of America Corp. (NYSE: BAC) traded in 122,766,272 shares, catching up to its daily average of 214,627,000. Share prices gained 3.35 percent by noon to $13.41.

EMCORE Corp. (Nasdaq: EMKR) fell 20.13 percent in price Wednesday to $1.27, on volume of 3,157,836 shares, nearly four times its full-day average. The Albuquerque-based EMKR is a leading provider of compound semiconductor-based components.

Tags: bac, EMKR, Financial Stocks, nasdaq, NYSE, Technology Stocks, ZOOM

This entry was posted on Wednesday, December 22nd, 2010 at 12:31 pm by Glenn and is filed under Financial Stocks, Industrial 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.