Stock On the Move

Monday, February 27, 2006

Stock on the Move - February 27

Stocks Rise on Heavy Volumn:

  • Stewart & Stevenson Services Inc. (SVC): shares of Houston, Texas based tactical military vehicle maker soared 26.68% to new 52 weeks high of $34.33 as the company is acquired by Armor Holdings Inc. (AH), a Florida based armor vehicle maker. More than 8 million shares have exchanged hands as the stock is the leading winner on NYSE.
  • Lowe's Companies Inc. (LOW): the Mooreville, NC based home improvement retailer, second largest in US, today announced jump in fourth quarter profit on improved sales. The stock ends the day up $3.78 or 5.77% to near 52 weeks high of $69.3 per share. Three times average volumn of 11.2 million shares have traded.

Stock Drop on Heavy Volumn:

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