Stock on the Move - January 17

Stocks Rise on Heavy Volumn

• BioCryst Pharmaceuticals Inc. (BCRX): after FDA (Food and Drug Administration) granted "fast track" status to the application for a potential bird flu drug, shares of the Birmingham, AL based biotech firm surged 17.7% or $3.37 per share with 19 million shares exchanged hands. The stock is now trading around 52 weeks high of $22.41 per share.
• Altair Nanotechnologies Inc. (ALTI): shares of Reno based Altair Nanotech surged 38.89% as its Lithium Ion Battery Cells excees HEV power requirements. About 16 million shares have exchanged hands, 20 times normal volumn.

Stocks Drop on Heavy Volumn

• Dana Corp. (DCN): shares of vehicle components maker plunged 20.59% as it post steep third-quarter loss of $1.3 billion. This is the third consecutive session of losses. The stock was still trading at $8 per share last week.
• Continental Airlines Inc. (CAL): the nation's fifth-largest carrier posted a narrower fourth-quarter loss yet expected a significant loss in the first quarter. The negative outlook sends the stock down 11.45% with 8 million shares traded, almost 3 times normal volumn. The stock is now trading at $17.24 per share.