Stock on the Move - January 26

Stocks Rise on Heavy Volumn:

• Tellabs Inc. (TLAB): strong fourth quarter earning has helped shares of Naperville, IL based telecom equipment maker surged 19.6% on 4 times of normal volumn of 28 million. The stock ends the day at new 52 week high of $12.57 per share.
• Coeur d'Alene Mines Corp. (CDE): new 18 year high on price of silver helped shares of Coeur d'Alene, Idaho based silver and gold mine owner pushed to new 52 week high of $4.89 per share, rising 10.88% or 48 cents from previous session. More than 17 million shares, 4 time more than normal volumn, have exchanged hands making it the top 20 volumn gainer in NYSE.

Stocks Drop on Heavy Volumn:

• Juniper Networks (JNPR): shares of Sunnyvale, CA based network equipment maker, also the largest competitor of Cisco, plunged 20.72% on weak first quarter forecast. 110 million shares have exchanged hands pushing the stock to new 52 weeks low of $17.06 per share.
• Skyworks Solutions (SWKS): sales and profit drop fueled the sell off on shares of Woburn, MA based cell phone component maker. The stock ends the day down 10.54% to $5.26 with 12 millilion shares traded, 4 times of normal volumn.