Stock on the Move - December 20
Stocks Rise on Heavy Volumn(price/percentage/shares traded):
- StemCells Inc(STEM) $3.91/+13.99%/6 million: shares of the Palo Alto, CA based biotech firm which focuses on stem cell related technology soared 14% with volumn almost four times more than average volumn.
- Aastrom Biosciences Inc. (ASTM) $2.28/+8.57%/5.7 million: Stem cell stocks are having a hot day today as most major stem cell players are up with STEM and ASTM both up significantly. ASTM is seeing 5 times average volumn today with stock ends up 8% with no news.
Stocks Down on Heavy Volumn:
- SeraCare Life Science(SRLS) $10.4/-47.98%/11 millions: shares of Oceanside, CA based firm plunged 47% percent as the company delays fourth quarter report on audit concert. The stock is now trading near its 52 week low which was seen back in April this year.
- General Motors(GM) $19.85/-5.7%/34 millions: shares of Detroit based mega automaker dropped almost 6% on report that GM is losing market share and recall of 425,000 vans due to seat belts problem. Increasing worries that the giant US based automaker may file bankruptcy has sent the stock 50% lower since the beginning of this year.
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