Stocks on the Move - January 18

Stocks Rise on Heavy Volumn:

• Ivanhoe Energy Inc. (IVAN): the company annouced yesterday that its field-located heavy oil upgrading facility in California has successfully achieve important performance goals. The news send the oil related technology up another 21% with 67 million shares traded and more than 100% from last Friday's close of $1.52 per share to today's after hour trading of $3.12 per share.
• Insmed Inc. (INSM): shares of Glen Allen, VA based drug maker for metabolic diseases surged 13.45% with 8 million shares traded, about 4 times of normal volumn. The stock has been on a rally since beginning of December last year from under $1.5 per share to $3.12 per share today, a gain of more than 100%.

Stocks Drop on Heavy Volumn:

• Intel Corp. (INTC): shares of world's largest CPU maker dropped 11.45% or $2.92 per share after missed earning and weak outlook. The stock was the most traded in the market today with 282 million shares exchanged hands, about 5 times of the stock's normal trading volumn. The stock is now trading near 52 week low of $22.59 per share.
• Yahoo Inc. (YHOO): the fourth quarter earning disappointment send the stock of the leading internet portal down 12.29% or $4.9 per share on heavy volumn of 118 million shares, about 5 times of normal volumn. The stock has dropped 8 dollar from 52 week high of $43 per share earlier this month.