Stock on the Move - February 16

Stocks Rise on Heavy Volumn:

• Wild Oats markets Inc. (OATS): the Boulder, CO based natural food supermarket chain today announced that the company swung to fourth quarter profit on higher sales and expansion. In addition to the fourth quarter profits, the company also issued upbeat forecast for 2006 earnings. As a reslt the stock soared 17.55% to new 52 week high of $17.21 per share as 15 times average volumn of 6 million shares traded.
• Hewlett-Packard Co. (HPQ): shares of Palo Alto, CA based technology giant jumped 7.42% to record four year high of $34.02 per share after the company posted 30% gain in first quarter earning. The stock is the second heaviest traded on NYSE with 51 million shares.

Stocks Drop on Heavy Volumn:

• Expedia Inc. (EXPE): the Bellevue, WA based online travel service provider on Wednesday annouced sharp decline in profit, from $44.1 million down to $25.2 million due to competitive environment. Shares tumbled 18.27% or $4.43 to $19.82 with 27.4 million shares exchanged hands, the thirteenth most traded on Nasdaq.
• Goodyear Tire & Rubber Co. (GT): shares of Akron, Ohio based tires maker dropped 6.02% to $14.51 per share as the company reverse to fourth quarter loss of $51 million. In the same quarter of previous year the company posted profit of $125million. About three times normal trading of 7.6 million shares have exchanged hands.