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.