Stock on the Move - January 20

Stocks Rise on Heavy Volumn:

• AVI Biopharma Inc. (AVII): shares of Portland, OR based cancer and cardiovascular disease treament drug maker surged 28.69% or $1.69 per share as it receive positive test for new drug against avian flu and is ready for human clinical trial for the drug. 42 million shares, about 20 time of normal volumn have pushed the stock to new 52 high of $7.58 per share.
• Mirant Corp. (MIR): the Atlanta, GA based electric energy producer saw its stock rised 13.17% on new analyst coverage. The stock reached new monthly high of $27.5 per share. The company has just emerged from bankruptcy earlier this month and has been relisted on NYSE on January 11.

Stocks Drop on Heavy Volumn:

• Kindred Healthcare (KND): shares of Louisville, KY based healthcare facilities provider plunged 24.74% or $6.63 per share as US Medicare program proposed freezing payment rates. 7.8 million shares exchanged hands, about 10 times of normal volumn. The stock has reached new 52 week low of $19.7 per share.
• Google Inc. (GOOG): shares of the world's leadeing internet search engine provider tumbles $36.98 or 8.47% on worries that the fourth quarter earning may be dissapointing as rival Yahoo Inc. posted earning below analyst's estimates. The stock ends below $400 per share, first time in two month, on 41 million shares. Yet the Mountain View, CA based company is still oneof the top performer this year as its stock has gained 100% for the past year.