Stocks On The Move - April 28

Stocks Rise on Heavy Volumn:

• Intuitive Surgical Inc. (ISRG): shares of Jacksonville, Florida based home insurance provider soared 23.1% or $23.83 to $127 per share on record first quarter result and analyst upgrades. The stock was the second leading gainer on Nasdaq today with 5.9 million shares traded, about four times average volumn.
• Bema Gold Corp. (BGO): shares of Vancouver, Canada based gold and other precious metals mining company rose 7.4% or 39 cents to new 52 weeks high of $5.66 per share as price of gold rose $18 today to as much as 25 year high of $658.2 an ounce and 12% for the month. The stock was the eighteenth leading advancer on AMEX today with 6.5 million shares traded.

Stocks Drop on Heavy Volumn:

• Harmonic Inc. (HLIT): shares of Sunnyvale, CA based braodband optical netowrking company tumbled 13.01% or 80 cents to $5.35 per share on analyst downgrade after the company swung to net loss of $5.1 million per share for the first quarter compared to net income of $1.7 million. The stock was the seventh leading decliner on Nasdaq today with 5.9 million shares traded, about five times average volumn.
• Microsoft Corp. (MSFT): shares of world's leading software giant plunged 11.38% or $3.1 to new 52 weeks low of $24.15 per share on analyst downgrade after the company reported weak third quarter result and provided disappointing outlook. The stock was the volumn leader among all the stocks today with 590.7 million shares traded or ten times average volumn.

Stocks On The Move - April 27

Stocks Rise on Heavy Volumn:

• Fidelity National Financial Inc. (FNF): shares of Jacksonville, Florida based home insurance provider soared 24.32% or $8.51 to $43.5 per share as the company plans to split into two public traded companies: Fidelity National Information Service Inc. and Fidelity National Financial. The stock was the third leading gainer on NYSE today with 12 million shares traded, about 12 times average volumn.
• InterDigital Communications Corp. (IDCC): shares of King of Prussia, PA based wireless technology development and licensing company surged 20.31% or $4.56 to new 52 weeks high of $27.01 per share after Nokia Corp. (NOK) agreed to pay $253 million on royalty dispute settlement. The stock was the fourth biggest winner on Nasdaq today with 6.5 million shares traded or ten times average volumn.

Stocks Drop on Heavy Volumn:

• Vitesse Semiconductor Corp. (VTSS): shares of Camarillo, CA based fiber optic network components provider plunged 27.49% or 69 cents to $1.82 per share after the company plans to restate earnings for more than three years as an internal investigation late Wednesday uncovered questionable accounting practices. The stock was the second leading decliner and the fifth heaviest traded on Nasdaq today with 59 million shares traded, about five times average volumn.
• Aetna Inc. (AET): shares of one of the nation's leading health insurance company tumbled 20.31% or $9.43 to $37 per share on increasing medical cost and retirement of two key executives due to stolen of sensitive customer information despite posting strong first quarter result. The stock was the second leading decliner and second heaviest traded on NYSE today with 54.8 million shares traded, about 18 times average volumn.

Stocks On The Move - April 26

Stocks Rise on Heavy Volumn:

• Sanmina-SCI Corp. (SANM): shares of San Jose, CA based eletronics manufacturing services company soared 25.99% or $1.05 to $5.09 per share as the company reported solid earning result for its fiscal second quarter and bullish earning outlook for th third quarter. The stock was the fifth leading gainer and third heaviest traded on Nasdaq today with 73 million shares exchanged hands, about 12 times average volumn.
• Discovery Laboratories Inc. (DSCO): shares of Warrington, PA based biotechnology company which develops Surfactant Replacement Therapies(SRT) rebounded back 17.27% or 38 cents to $2.58 per share after plummeting 53.09% yesterday on delaying of the FDA review of the company's lead drug. The stock was the seventh biggest winner on Nasdaq today with 10.8 million shares traded or seven times average volumn.

Stocks Drop on Heavy Volumn:

• Sigmatel Inc. (SGTL): shares of Austin, Texas MP3 players chips maker plunged 22.62% to new 52 weeks low of $6.84 per share after the company swung to a net loss of $24.7 million for the first quarter of 2006 compared to net income of $25.5 million for the same time in 2005. The stock was the biggest loser on Nasdaq today with 9.5 million shares traded, about seven times average volumn.
• Moody's Corp. (MCO): shares of New York based credit rating agency company dropped 11.97% or $8.43 to $62 per share as the company's first quarter revenue of $440.2 million missed analysts' estimates of $451.8 million. The stock was the fifth leading decliner on Nasdaq today with 10.4 million shares traded, about 9 times average volumn.

Stock On The Move - April 25

Stocks Rise on Heavy Volumn:

• NutriSystem Inc. (NTRI): shares of Horsham, PA based weight loss program and product provider skyrocketted 34.14% or $17.31 to new all time high of $68.01 per share on record first quarter profit which blew alway Wall Street's expectations. The company for the quarter earned $22.3 million, about 7 times more than the same quarter a year ago. The stock was the third leading gainer on Nasdaq today with 10 million shares traded, about 8 times average volumn.
• Serologicals Corp. (SERO): shares of Norcross, GA based consumable biological products maker soared 33.58% or $7.83 to new 52 weeks high of $31.15 today as Millipore Corp. agreed to buy the company for $1.4 billion. The stock was the fourth leading advancer on Nasdaqy today with 15 million shares traded, about 30 times average volumn.

Stocks Drop on Heavy Volumn:

• Discovery Laboratories Inc. (DSCO): shares of Warrington, PA based biotechnology company which develops Surfactant Replacement Therapies(SRT) plunged 53.09% or $2.49 to new 52 weeks low of $2.2 per share as the FDA review of the company's lead drug will be further deplayed. The stock was the biggest loser on Nasdaq today with 24 million shares traded, the fifteenth heaviest traded on Nasdaq.
• DOV Pharmaceutical Inc. (DOVP): shares of Hackensack, NJ based drug maker for central nervous system disorders dove 42.14% or $6.19 to new 52 weeks low of $8.5 per share on analyst downgrade following disappointing clinical traial on a back-pain drug. The stock was the second leading decliner on Nasdaq today with 9.9 million shares traded, about 15 times average volumn.

Stock On The Move - April 24

Stocks Rise on Heavy Volumn:

• Ballard Power Systems Inc. (BLDP): shares of Burnaby, Canada based proton exchange membrane(PEM) fuel cells maker soared 21.8% or $2.24 to new 52 weeks high of $12.5 per share on President Bush's endorsement on new energy source. The stock was the fourth leading gainer on Nasdaq today with 9.4 million shares traded, about 12 times average volumn.
• Rambus Inc. (RMBS): shares of Los Altos, California based memory chip maker sirged 15.28% or $5.9 to $44.5 today as the company was awared for $307 million on patent infringing case against South Korea's Hynix Semiconductor Inc.. The stock was the twelve leading advancer on Nasdaqy today with 23.6 million shares traded, the fourteenth most heaviest traded on Nasdaq.

Stocks Drop on Heavy Volumn:

• Silicon Laboratories Inc. (SLAB): shares of Austin, Texas based analog-intensive mixed-signal chip maker tumbled 10.76% or $6.05 to $50.18 per share on sliding first quarter net income due to higher expenses. The stock was the second leading decliner on Nasdaq today with 7.5 million shares traded, about 5 times average volumn.
• TD Ameritrade Holding Corp. (AMTD): shares Omaha, NE based online investment brokerage firm dropped 9.72% or $2.09 to $19.41 per share as the company lowered its forecast for 2007 despite soaring second-quarter net income. The stock was the sixth leading decliner and the eleventh most heaviest traded on Nasdaq today with 26 million shares exchanged hands.

Stock On The Move - April 21

Stocks Rise on Heavy Volumn:

• Sierra Wireless Inc. (SWIR): shares of Richmond, Canada based wireless modem maker surged 28.53% or $3.98 to new 52 weeks high of $17.93 per share on analysts upgrade after the company reported profit for the first quarter compared to loss in the previous year. In addition the company also issued positive forecast which beat Wall Street estimate. The stock was the second biggest winner on Nasdaq today with 12 million shares traded, about 22 times average volumn.
• Arch Coal Inc.(ACI): shares of St. Louis, MO based coal mining company rose 9.73% or $8.23 to new 52 weeks high of $92.85 per share as the company report soaring first quarter income of $60.7 million, almost 10 times last year's net income of $6.6 million. The stock is the sevent leading advancer on NYSE today with 6.4 million shares traded, almost 4 times average volumn.

Stocks Drop on Heavy Volumn:

• Affymetrix Inc. (AFFX): shares of Santa Clara, CA based genetic analysis product maker tumbled 14.32% or $4.85 to new 52 weeks low of $29.03 per share on sharp decline in net income for the first quarter. The stock was the seventh leading decliner on Nasdaq today with 12.59 million shares traded, about 11 times average volumn.
• Ford Motor Co. (F): shares Dearborn, MI based number 2 auto giant dropped 7.92% or 63 cents to near 52 weeks low of $7.32 per share after the company swung to a $1.2 billion loss in the first quarter compared with net income of $1.2 billion in the same time of the previous year as the company began restructuring by eliminating 30,000 jobs. The stock was the third leading decliner and second heaviest traded on NYSE today with 52 million shares exchanged hands, twice the average volumn.

Stock On The Move - April 20

Stocks Rise on Heavy Volumn:

• Avici Systems Inc. (AVCI): shares of North Billerica, MA based network router maker skyrocketted 84.37% or $3.67 to new 52 weeks high of $8.02 per share after the company posted strong first quarter earning on doubled revenue and narrowed loss. The stock was the biggest winner among Nasdaq, AMEX and NYSE today with record volumn of 10.9 million shares traded, about 44 times average volumn.
• Swift Transportation Co. Inc.(SWFT): shares of Phoenix, Arizona based truckload carrier company surged 26.77% or $6.76 to 52 weeks high of $32.01 per share on strong first quarter earning in which the revenue surged 92% to $37.5 million compared to $19.4 million in the same quarter of previous year. The stock is the third leading advancer on Nasdaq today with 17.4 million shares traded, about 11 times average volumn.

Stocks Drop on Heavy Volumn:

• PortalPlayer Inc. (PLAY): shares of San Jose, CA based chip maker dove 41.88% or $9.46 cents to new 52 weeks low of $13.13 per share on analyst downgrade after Apple Computer Inc. (AAPL) passed on its newest digital music chip. The stock is the second biggest loser on Nasdaq today with 25.7 million shares traded, also the fourteenth heaviest traded on Nasdaq.
• Rambus Inc. (RMBS): shares of Los Altos, CA based memory chips maker plunged 17.38% or $8.1 to $38.5 per share on uncertainty in the patent-infringement lawsuit against Sourth Korea's Hynix Semiconductor Inc.. The stock was the third leading decliner on Nasdaq today with 25 million shares traded, about 5 times average volumn.

Stock On The Move - April 19

Stocks Rise on Heavy Volumn:

• Travelzoo Inc. (TZOO): shares of New York based online travel search engine provider surged for the second straight session by adding 18.03% or $5.16 to $33.75 per share on record first-quarter profit announced on Tuesday. The stock is the third biggest winner on Nasdaq today with 9 million shares traded, almost 2 millions more than the previous session.
• Knight Capital Group Inc.(NITE): shares of Jersey City, NJ based asset management services provider soared 19.33% or $2.78 to $17.16 per share today as the firm posted doubled revenue for the first quarter compare to the same quarter in the previous year. on take-over deal from Warren Buffet's Berkshire Hathaway for $600 million. The stock is the second leading gainer on NYSE today with 13 million shares traded, about 6 times average volumn.

Stocks Drop on Heavy Volumn:

• Vitesse Semiconductor Corp. (VTSS): shares of Camarillo, CA based communication chip maker plunged 20.26% or 63 cents to $2.48 per share on stock options investigation of three of its top executives. as the revenue for the fourth quarter missed the analyst estimate by about $2 million. The stock is the biggest loser on Nasdaq today with 60 million shares traded, also the fourth heaviest traded on Nasdaq.
• O2Diesel Corp. (OTD): shares of Newark, DE based clean fuel technology company tumbled 17.11% or 39 cents to $1.89 per share on continuous profit taking. The stock was trading as much as $2.92 on April 7 on contract with Department of Defense. The stock was the leading decliner on AMEX today with 6.3 million shares traded, about 5 times average volumn.

Stock On The Move - April 18

Stocks Rise on Heavy Volumn:

• Travelzoo Inc. (TZOO): shares of New York based online travel search engine provider skyrocketted 43.12% or $8.615 to $28.595 per share on record first-quarter profit which tops Wall Street's estimates helped by online-advertising revenue. The stock is the biggest winner on Nasdaq today with 25 time average volumn of 7.4 million sahres traded.
• Russell Corp.(RML): shares of Atlanta, GA based athletic and sporting goods company soared 37.89% or $5.04 to $18.34 per share today on take-over deal from Warren Buffet's Berkshire Hathaway for $600 million. The stock is the leading gainer on NYSE today with 5.3 million shares traded, almost 15 times average volumn.

Stocks Drop on Heavy Volumn:

• Emmis Communications Corp. (EMMS): shares of Indianapolis, Indiana radio and tv broadcasting company declined 11.47% or $1.72 to new 52 weeks low of $13.28 per share as the revenue for the fourth quarter missed the analyst estimate by about $2 million. The stock is the second leading decliner on Nasdaq today with 5 million shares traded, about 11 times average volumn.
• FLIR Systems Inc. (FLIR): shares of Wilsonville, Oregon based infrared camera systems maker dropped 11.29% or $3.36 to $26.39 on first quarter quarter warning due to producdt shipment delays. The stock was the third leading decliner on Nasdaq today with 5.2 million shares traded, more than 7 times average volumn.

Stock On The Move - April 17

Stocks Rise on Heavy Volumn:

• Blue Dolphin Energy Co. (BDCO): shares of Houston, Texas based natural gas and oil exploration company jumped 29.29% or $1.81 to new 52 weeks high of $7.99 per share as price of oil hit $70 a barrel. The stock is the third leading gainer on Nasdaq today with 12.72 million shares traded, about 13 times average volumn. Since end of March the stock has gained more than 200% from closing of $2.19 on March 30.
• Pacific Ethanol Inc.(PEIX): shares of Fresno, CA based renewable fuel maker surged 15.75% or $4.61 to new 52 weeks high of $33.88 per share on rising fuel cost, completion of sales of $84 million preferred stock and $34 million financing. The stock is the seventh leading advancer on Nasdaq today with 6.8 million shares traded, about five times average volumn.

Stocks Drop on Heavy Volumn:

• Bookham Inc. (BKHM): shares of San Jose, CA based optical network component maker plunged 27% or $2.36 to $6.38 per share on analyst downgrade from buy to neutral after the company issued third quarter warning due to shutdown of tis British manufacturing operations. The stock was the biggest loser on Nasdaq today with 10.7 million shares traded, about five times average volumn.
• Newpark Resources Inc. (NR): shares of Metairie, LA based oilfield service provider tumbled 17.25% or $1.28 to $6.14 per share on ousting of the chief financial officer and two other division executives on internal investigation into potential invoice irregularities at subsidiary Soloco Texas LP. The stock was the leading decliner on NYSE today with 5.9 million shares traded, almost 9 times average volumn.

Stock On The Move - April 12

Stocks Rise on Heavy Volumn:

• Novavax Inc. (NVAX): shares of Malvern, PA based avian flu vaccine maker bounced back 13.51% or 65 cents to $5.46 per share after sliding for four consecutive sessions from $6.68 pers share last Wednesday to as low as $4.81 per share yesterday on analyst downgrade. The stock is the tenth leading advancer on Nasdaq today with almost twice average volumn of 9.2 million shares traded.
• Mills Corp.(MLS): shares of Arlington, VA based real estate investment trust(REIT) of 42 properties in US, Canada and Europe surged 15.1% or $3.98 to $30.33 per share after the company cut its dividend by more than half and received default waivers from its lenders. The stock is the biggest winner NYSE today with 5 million shares traded, about three times average volumn.

Stocks Drop on Heavy Volumn:

• Blue Dolphin Energy Co. (BDCO): shares of Houston, Texas based natural gas and oil exploration company sank 14.67% or $1.04 to $6.05 per share on profit taking ending the surge which began on March 30 at $2.19 per share. During the rally the stock went as high as $7.09 per share. The stock is the fourth leading decliner on Nasdaq today with 6.8 million shares traded, about 8 times average volumn.
• Avid Technology Inc. (AVID): shares of Tweksbury, MA based software and hardware developer for digital media production plunged 14.13% or $6.14 to $37.31 per share after the company issued first quarter warning. The company expects to earn 35 to 38 cents per share for the first quarter compare with analysts estimate of 49 cents per share. The stock was the sixth leading decliner on Nasdaq today with 8.5 million shares traded, more than 10 times average volumn.

Stock On The Move - April 11

Stocks Rise on Heavy Volumn:

• Blue Dolphin Energy Co. (BDCO): shares of Houston, Texas based natural gas and oil exploration company jumped 40.12% or $2.03 to $7.09 as the company reported second consecutive profitable quarter. The stock is the leading gainer on Nasdaq today with 10.5 million shares traded, about 13 times average volumn.
• Plug Power Inc.(PLUG): shares of Latham, NY based proton exchange membrance fuel cell technology company surged 22.54% or $1.1 to $5.98 on new investment from two Russian investment firm worth $217 million. The stock is the fifth leading advancer on Nasdaq today with 28.5 million shares traded, the twelveth most heaviest traded on Nasdaq.

Stocks Drop on Heavy Volumn:

• O2Diesel Corp. (OTD): after surging almost 100% last Friday, shares of O2Diesel, the Newark, DE based clean fuel technology company plunged 29.41% or 75 cents to $1.8 per share on profit taking. The stock was the biggest loser on AMEX today with 9.3 million shares traded.
• Bausch & Lomb Inc. (BOL): shares of Rochester, NY based eye health products maker dropped 14.64% or $8.41 to new 52 weeks low of $49.03 on analyst downgrade following possible fungal infection caused by the company's contact lens solution. The stock was the second leading decliner on NYSE today with 26.7 million shares traded, also the fourth heaviest traded on NYSE.

Stock On The Move - April 10

Stocks Rise on Heavy Volumn:

• OraLabs Holding Corp. (OLAB): shares of Parker, CO based oral care products maker soared for the second consecutive session for 37.39% or $2.15 to new 52 weeks high of $7.9 per share as the company entered into a definitive Stock Exchange Agreement with Partner Success Holdings last Thursday. Last Friday the stock jumped almost 200% from $1.99 per share on Thursday to $5.75 the next day. The stock is the leading gainer on Nasdaq today with 10.3 million shares traded, about 34 times average volumn.
• Capstone Turbine Corp.(CPST): shares of Chatsworth, CA based microturbine generator maker surged 13% or 49 cents to $4.26 per share. The stock is the nineth leading advancer on Nasdaq today with 14.8 million shares traded, about four times average volumn.

Stocks Drop on Heavy Volumn:

• Corautus Genetics Inc. (VEGF): the biggest loser on Nasdaq today is the Atlanta, GA based gene therapy company Corautus Genetics which saw its shares plunged 68.53% or $2.33 to new 52 weeks low of $1.07 per share after the company halted its clinical trial for the angina treatment product. The stock was traded at record volumn of 7.2 million shares, about 144 times average volumn
• Novavax Inc. (NVAX): shares of Malvern, PA based avian flu vaccine maker tumbled for the third consecutive session for 13.47% or 80 cents to $5.14 per share on analysts downgrade as the stock's surge from $2 to $6 overhyped and lacks fundamental. The analyst still maintained a price target of $3 on the stock, still $2 below current price. Almost three times average volumn of 16.4 million shares have exchanged hands today.

Stock On The Move - April 7

Stocks Rise on Heavy Volumn:

• O2Diesel Corp. (OTD): one of the most talked about stock of the daytraders today is O2Diesel, a Newark, DE based company which develops clean fuel buring technology. The stock today went skyrocketted 89.26% or $1.33 to new 52 weeks high $2.82 on new contract worth $0.8 million with the U.S. Department of Defense to develop cleaner burning alternative diesel fuel. The stock is the leading gainer among all the US stock exchanges today with 10 million shares traded. about 30 times average volumn.

Stocks Drop on Heavy Volumn:

• SafeNet Inc. (SFNT): the Belcamp, MD based hardware and software information security service provider plunged 19.29% or $5.01 to new 52 weeks low of $20.96 per share after the company's earning warning, resignation of the chief financial officer and pull-out of acquisition of nCipher. The stock is the third leading decliner on Nasdaq today with 6.2 million shares exchanged hands, about 12 times average volumn.
• Extreme Networks Inc. (EXTR): shares of Santa Clara, CA based network switch maker lost 6.68% or 34 cents to $4.75 per share after the company cut its third-quarter revenue estimates due to weak sales in the United States and Japan. The stock is the fifteenth of heaviest traded on Nasdaq today with 18.9 shares traded.

Stock On The Move - April 6

Stocks Rise on Heavy Volumn:

• Crystallex International Corp. (KRY): shares of Toronto, Canada based gold mining company jumped 28.73% or $1.27 to $5.69 on positive comment from Jim Cramer in his Mad Money show. The stock is the leading gainer on AMEX today with 47.9 million shares traded, the second heaviest traded also on AMEX.
• Napster Inc.(NAPS): shares of Santa Clara, CA based online music provider surged 20.18% or 68 cents to $4.05 as the company raised fouth quarter revenue forecast, from 25 million to 26 million, on stronger subscriber growth. The stock is the second biggest percentage gainer on Nasdaq today with 6.6 million shares traded, about four times average volumn.

Stocks Drop on Heavy Volumn:

• Spectrum Brands Inc. (SPC): the Atlanta, GA based Rayovac batteries maker plunged 27.86% or $5.99 to new 52 weeks low of $15.51 per share after the company cut second quarter forecast due to weakness in its consumer battery business. In addition the company also annouced 350 jobs cut in Europe, about 24% of workforce. The stock was the leading decliner on NYSE today with 9.4 million shares exchanged hands, about 13 times average volumn.
• Novavax Inc. (NVAX): shares of Malvern, PA based avian flu vaccine maker dropped 10.03% or 67 cents to $6.01 per share on analysts downgrade as the recent runup in the stock's price was not justified. The stock is the fifth leading decliner on Nasdaq today with two times average volumn of 11 million shares traded.

Stock On The Move - April 5

Stocks Rise on Heavy Volumn:

• Visicu Inc. (EICU): shares of the Baltimore based medical monitering system maker soared 54.88% or $8.78 to $24.78 per share on IPO. About 7.1 million shares have traded as the stock is the biggest percentage gainer on Nasdaq today.
• Tenet Healthcare Corp.(THC): shares of Dallas, Texas based general hospitals operator surged for another 14.18% or $1.12 to $9.02 following yesterday's 8% gain as the buyers are back on analyst upgrade and mistrial on the company's legal woes. The stock is the leading advancer on NYSE today with 27.9 million shares traded, also the fifth heaviest traded on NYSE.

Stocks Drop on Heavy Volumn:

• Discovery Laboratories Inc. (DSCO): the Warrington, PA based biotechnology company focuses on treatment for the prevention of respiratory distress syndrome in premature infants. The stock today plunged 29.2% or $2.07 to new 52 weeks low of $5.02 per share on analyst downgrade after the Food and Drug Administration requested for more information on the drug Surfaxin. The stock was the leading decliner on Nasdaq today with 10 million shares exchanged hands, about 18 times average volumn.
• St. Jude Medical Inc. (STJ): shares of St. Paul, MN based cardiovascular medical devices maker lost 12.23% or $5.05 to 52 weeks low of $36.25 as the company cuts its quarterly profit and revenue outlook citing slower sales of a heart device. The stock was the biggest loser on NYSE today with 18 times average volumn of 51.6 million shares traded, the second most traded stock on NYSE today.

Stock On The Move - April 4

Stocks Rise on Heavy Volumn:

• Biomet Inc. (BMET): shares of the Warsaw, IN based artificial joint maker surged 9.72% or $3.38 to $38.16 per share as the company hired Morgan Stanley to sell the company. About seven times average volumn of 14 million shares have traded as the stock is now back to near 52 week highf.
• Tenet Healthcare Corp.(THC): shares of Dallas, Texas based general hospitals operator rose 8.37% or 61 cents to $7.9 per share as the federal judge declared a second mistrial against the hospital on paying illegal kickbacks to recruited doctors. All the gains came in the last hour as the stock was traded below the previous close for the most of the session until the last hour. About three times average volumn of 9.3 million shares have traded.

Stocks Drop on Heavy Volumn:

• Powerwave Technologies Inc. (PWAV): shares of Santa Ana, CA based wireless network equipment maker plunged 21.69% or $2.88 to $10.4 per share on analyst downgrade after the company lowered first-quarter outlook. The stock was the third leading decliner on Nasdaq today with 42 million shares exchanged hands, also the seven most heaviest traded on Nasdaq. The stock rose 1.35% or 14 cents to $10.54 in the afterhour trading.
• Novavax Inc. (NVAX): shares of Malvern, PA based bird flu vaccine maker tumbled 18.64% or $1.42 to $6.2 on fear of increasing compeition. The stock was the fifth leading decliner on Nasdaq today with 17.8 million shares traded, about three times average volumn.

Stock On The Move - April 3

Stocks Rise on Heavy Volumn:

• Blue Dolphin Energy Co. (BDCO): shares of Houston, Texas based oil and natural gas company surged for the second straight session as the company last Thursday announced fourth quarter net income compared to net loss for the same quarter in the previous year. The stock was up 19.28% or 64 cents to $3.96 per share with 8.7 million shares traded, almost 3 million more than previous session.The stock was the fifth leading gainer on Nasdaq today.

Stocks Drop on Heavy Volumn:

• Inhibitex Inc. (INHX): shares of Alpharetta, Georgia based biotechnology company plunged 65.98% or $4.79 to $2.47 on multiple analysts downgrades after the company reported disappointing clinical trial for its drug Veronate. The stock was the biggest loser on Nasdaq today with 14.9 million shares traded.