Stock On the Move

Wednesday, May 31, 2006

Stocks On The Move - May 31

Stocks Rise on Heavy Volumn:

  • Ivanhoe Energy Inc.(IVAN): shares of Vancouver, Canada based oil and gas company jumped 20.09% or 46 cents to $2.75 per share on new analyst upgrade from Hold to Buy. The stock was the third leading gainer on Nasdaq today with 16.6 million shares exchanged hands, about five times average volumn.
  • NRG Energy Inc.(NRG): shares of Princeton, NJ based power generation company surged 15.67% or $6.74 to new 52 weeks high of after the company received takeover offer of $8 billion or $57.16 per share from Mirant Corp. The company rejected the offer seeing it undervalued. The stock was the biggest winner on NYSE today with 18.7 million shares traded, leading gainer on NYSE today with 9.7 million shares traded, or thirteen times average volumn.

Stock Drop on Heavy Volumn:

Tuesday, May 30, 2006

Stocks On The Move - May 30

Stocks Rise on Heavy Volumn:

  • Kinder Morgan Inc.(KMI): shares of Houston, Texas based energy transportation and service provider surged 18.84% or $15.9 to near 52 weeks high of $100.31 per share on buyout offer from a group of investors. The stock was the thirteenth biggest winner on NYSE today with 14 million shares exchanged hands, about 20 times average volumn.
  • Tribune Co.(TRB): shares of Chicago, IL based newspaper publishing company jumped 7.21% or $2.01 to $29.9 per share on settled lawsuit with SEC and stock buyback program. The stock was the fifth leading gainer on NYSE today with 9.7 million shares traded, or five times average volumn.

Stock Drop on Heavy Volumn:

  • Vivo Participacoes S.A. (VIV): shares of Sao Paulo, Brazil based telecommunications services company plunged 17.53% or 54 cents to $2.54 per share on broad decline of Brazilian companies due to inflation and interest rates worries. The stock was the biggest loser on NYSE today with 7 million shares traded, or twice of average volumn.
  • Covad Communications Group Inc. (DVW): shares of San Jose, CA based VoIP product and service company tumbled 11.5% or 26 cents to $2 per share on negative outlook for the year. The communication equipment maker is forcasting net loss of $39 million compare to analysts estimate of $32.1 million. The stock was the fourth leading decliner on AMEX today with 8.56 million shares traded or more than twice of average volumn.

Friday, May 26, 2006

Stocks On The Move - May 26

Stocks Rise on Heavy Volumn:
  • Cubist Pharmaceuticals Inc.(CBST): shares of Lexington, MA based antibiotic drug maker soared 20.24% or $4.3 to new 52 weeks high of $25.55 per share on FDA's approval of its Antibiotic drug Cubicin. The stock was the third biggest winner on Nasdaq today with 5.7 million shares traded.
  • Las Vegas Sands Corp.(LVS): shares of Las Vegas, NV based casino resort operator in Las Vegas and Macau surged 9.36% or $5.96 to $69.63 per share as the company won the bid to build a $3.2 billion casino resort in Singapore. The stock was the fourth best performer on NYSE today with 7.5 million shares traded, more than three times average volumn.

Stocks Drop on Heavy Volumn:

  • Credence Systems Corp. (CMOS): shares of Milpitas, CA based semiconductor testing equipment maker plunged 28.59% or $1.83 to new 52 weeks low of $4.57 per share on analysts downgrade after the company canned its highest profile projects. The stock was the second leading decliner and the eleventh most heaviest traded on Nasdaq today with 19.4 million shares traded.
  • Cooper Companies Inc. (COO): shares of Pleasanton, CA based cosmetic lenses maker tumbled 8.11% or $4.2 to $47.58 per share on negative report from analyst saying the company's second-quarter results may fall short of expectations. The stock was the fourth leading decliner on NYSE today with 5.5 million shares traded or ten times average volumn.

Thursday, May 25, 2006

Stocks On The Move - May 25

Stocks Rise on Heavy Volumn:

Wednesday, May 24, 2006

Stocks On The Move - May 24

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn:

  • XM Satellite Radio Holdings Inc. (XMSR): shares of world's leading satellite radio provider plunged 11.35% or $1.76 to new 52 weeks low of $13.43 per share after the company reduced foreast for subscriber growth and revenue for the second quarter. The company now expects subscriber growth of 8.5 million for the year, down from previous estimate of 9 million. The stock was the seventh leading decliner and nineteenth heaviest traded on Nasdaq today with 23 million shares traded.
  • MEMC Electronic Materials Inc. (WFR): shares of St. Peters, MO based semiconductor wafers maker dropped for the twelveth consecutive trading session by losing another 7.88% or $2.82 to $32.97 per share since the stock reached 52 weeks high on May 8. The stock was the tenth leading decliner on NYSE today with 7.3 million shares traded or twice of average volumn.

Tuesday, May 23, 2006

Stocks On The Move - May 23

Stocks Rise on Heavy Volumn:
  • Pacific Ethanol Inc. (PEIX): after dropping 13.53% in the previous trading session, shares of Fresno, CA based renewable fuels maker bounced back 15.92% or $4.07 to $29.64 per share on broad rally of ethanol related companies as price of oil soared to $72 per barrel, filling all the losses in the previous session. The stock was the sixth leading gainer on Nasdaq today with record volumn of 10.7 million shares traded or more than three times average volumn.
  • Fargo Electronics Inc.(FRGO): shares of Eden Prarie, Minnesota based maker of desktop systems that print identity card jumped 52.25% or $8.48 to new 52 weeks high of $24.71 per share after the company agreed to be bought by HID Global Corp. for $326.1 million or $25.5 per share. The stock was the biggest winner among Nasdaq, AMEX and NYSE today with 5.1 million shares exchanged hands or 50 times average volumn.

Stocks Drop on Heavy Volumn:

Monday, May 22, 2006

Stocks On The Move - May 22

Stocks Rise on Heavy Volumn:


Stocks Drop on Heavy Volumn:

  • Pacific Ethanol Inc. (PEIX): shares of Fresno, CA based renewable fuels maker plunged 13.53% or $4 to $25.57 per share on profit taking and new analysis showing the stock could head for an earnings shortfall. For this year the stock has gained as much as 300% as it reached 52 weeks high of $44.5 on May 11. Since then the stock has fall for seven consecutive trading sessions. The stock was the thirteenth leading decliner on Nasdaq today with record volumn of 8.8 million shares traded or almost three times average volumn.
  • Trident Microsystems Inc. (TRID): shares of Sunnyvale, CA based graphic chips maker plummted 12.95% or $3.54 to $23.79 per share after the chip maker's audit committee is conducting an inquiry into stock options granted to executives between 200 and 2004. The stock was the fourteenth leading decliner on Nasdaq today with 9.6 million shares traded or six times average volumn.

Friday, May 19, 2006

Stocks On The Move - May 19

Stocks Rise on Heavy Volumn:

  • Titanium Metals Corp. (TIE): after dropping 14.86% in the previous session on profit taking, shares of Dallas, Texas based titanium melted products maker bounced back 13.1% or $4.06 to $35.05 per share. The stock was again at the first place on NYSE except this time it's on the winning side as the stock became the leading gainer on NYSE with 19 million shares traded, also the fifteenth heaviest traded on NYSE.
  • Marvell Technology Group.(MRVL): shares of Hamilton, HM based analog and digital signal processing semiconductors maker surged 13.1% or $6.51 to $56.22 per share after the company reported strong first quarter earning which toped estimate and issued bullish forecast for 2007. The stock was the seventh leading gainer on Nasdaq today with 19.4 million shares traded, about three times average volumn.

Stocks Drop on Heavy Volumn:

Thursday, May 18, 2006

Stocks On The Move - May 18

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn:

  • Napster Inc. (NAPS): shares of Santa Clara, CA based online music service provider plunged 18.32% or 72 cents to $3.21 after the company issued first quarter warning despite reporting a narrower fourth-quarter loss. The stock was the fourth leading decliner on Nasdaq today with 5.16 million shares traded or five times average volumn.
  • Titanium Metals Corp. (TIE): shares of Dallas, Texas based titanium melted products maker tumbled 14.86% or $5.41 to $30.99 per share on profit taking. Earlier this week the stock had a 2 for 1 split, the second split of the year. Since the beginning of this year the stock has gained as much as 100%. The stock was the biggest loser on NYSE today with 14.2 million shares traded, almost three times average volumn.

Wednesday, May 17, 2006

Stocks On The Move - May 17

Stocks Rise on Heavy Volumn:

  • LTX Corp. (LTXX): shares of Westwood, MA based semiconductor testing company soared 22.89% or $1.33 to new 52 wees high of $7.14 per share after the company's outstanding third quarter profit, at 13 cents per share, beat Wall Street's estimates of 9 cents per share. In addition the semiconductor testing firm also issued a positive forecast for the fourth quarter. The stock was the leading percentage gainer on Nasdaq of today with 8.3 million shares traded or nine times average volumn.
  • Tenet Healthcare Corp.(THC): shares of Marlborough, MA based drug maker surged 8.37% or 62 cents to $8.03 per share after the company agreed to $21 million settlement of a alleged kickbacks to doctors at Alvarado Hospital in San Diego. The stock was the third leading gainer on NYSE today with 6.67 million shares traded or twice of average volumn.

Stocks Drop on Heavy Volumn:

  • GlobalTel Communications Corp. (GTE): shares Pembroke Pines, Florida based voice over ip (VoIP) service provider plunged 11.98% or 20 cents to $1.47 per share on profit taking after the company surged for almost 60% in two days from $1.07 per share at the close on Friday to $1.67 yesterday after the company reported a 24% revenue increase and reduced net loss for the first quarter on Friday. The stock was the eighth leading decliner on AMEX today with 6.7 million shares traded or four times average volumn.
  • Pacific Ethanol Inc. (PEIX): shares of Fresno, CA based renewable fuels maker dropped for the third straight day by sinking another 10.34% or $3.79 to $32.86 per share on profit taking after the stock reached new 52 weeks high of $44.5 per share last Thursday. The stock is now 26% off it's high in just four trading sessions. The stock was the seventeenth leading decliner on Nasdaq today with 5.8 million shares traded, almost twice as much as average volumn.

Tuesday, May 16, 2006

Stocks On The Move - May 16

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn:

  • Neurocrine Biosciences Inc. (NBIX): shares San Diego, CA based drug maker going opposite way of its rival Sepracor by dipping 62% or $33.87 to new 52 weeks low of $20.76 per share on FDA delaying the company's new sleeping pill. The stock was the second biggest loser and seven heaviest traded on Nasdaq today with 46.8 million shares exchanged hands, or 30 times average volumn.
  • DOV Pharmaceutical Inc. (DOVP): shares of Hackensack, NJ based drug maker sank 58.16% or $4.03 to new 52 weeks low of $3.02 per share on analysts downgrade as the company is affected by FDA's approval delay of Neurocrine's Indiplon as the drug was licensed by DOV. The stock was the third leading decliner, following NBIX, on Nasdaq today with 10.99 million shares traded or 30 times average volumn.

Monday, May 15, 2006

Stocks On The Move - May 15

Stocks Rise on Heavy Volumn:
  • Escala Group Inc. (ESCL): after probe of alleged fraud at the company's offices in Spain which cut the stock price from $32 last Monday down to as low as $3.95 on Froday, shares of New York based global collectibles merchant and auction house network operator skyrocketted 103.23% or $4.8 to $9.45 per share after the comapny annouced it faces no charge in connection with fraud probe. The stock was the biggest winner of the day among the US stock exchange with 22.9 million shares traded, the twelveth heaviest traded on Nasdaq.
  • American Retirement Corp.(ACR): shares of Brentwood, TN based senior community operator surged 29.24% or $7.28 to new 52 weeks high of $32.18 per share after Brookdale Senior Living Inc. on Friday annouced it will acquire the company for $33 per share. The stock was the leading gainer on NYSE today with record volum of 11 million shares traded or 30 times average volumn.

Stocks Drop on Heavy Volumn:

Friday, May 12, 2006

Stocks On The Move - May 12

Stocks Rise on Heavy Volumn:
  • AVI Biopharma Inc. (AVII): after plunging 32% on Wednesday, shares of Portland, Oregon based potential bird flu drug developer bounced back 10.45% or 46 to $4.63 per share as investors try to get as many shares as possible on bargain price. The stock was the tenth leading gainer on Nasdaq today with 5 million shares traded, about two times average volumn.
  • Elan Corp. plc (ELN): shares of Dublin, Irland based drug company rose 7.16% or $1.06 to $15.86 per share as investors try to grab the shares as ROC shows the stock is at oversold level. The stock was the second leading gainer on NYSE today with 16 million shares traded, also the thirteenth most heaviest traded on NYSE.

Stocks Drop on Heavy Volumn:

Thursday, May 11, 2006

Stocks On The Move - May 11

Stocks Rise on Heavy Volumn:
  • Movie Gallery Inc. (MOVI): shares of trouble movie rental retailer skyrocketted 51.27% or $1.62 to $4.78 per share after the company posted strong first quarter profit which went doubled fueled by acquisition of Hollywood Entertainment Corp. the net income for the quarter was $40.3 million or $1.27 per share which blew away average analysts estimate of 15 cents per share. The last time the stock traded above $5 was in February. The strong performance send the stock to the second best performer and nineth most heaviest traded on Nasdaq today with 39.6 million shares exchanged hands.
  • VIVUS Inc.(VVUS): shares of Mountain View, CA based pharmaceutical company surged for the second straight session by gaining 24.19% or $1.04 to new 52 weeks high of $5.34 per share after the company annouced positive clinical trial result with its weight-loss treatment product in the previous session. The stock is the fourth leading gainer on Nasdaq today with 6.5 million shares traded or 27 times average volumn.

Stocks Drop on Heavy Volumn:

  • Escala Group Inc. (ESCL): shares of New York based global collectibles auction house plunged for the third straight session by dropping additional 33.74% to new 52 weeks low of $4.34 per share on probe of alleged fraud at the company's offices in Spain. Moreover the stock has dropped another 9% to $3.95 per share in afterhour. In the previous two sessions the stock has dropped 61% and 44% respectively. So far the stock has lost 86% in just three days. The stock was again the biggest loser on Nasdaq today with new record volumn of 9.7 million shares traded, about 19 times average volumn.
  • Avanex Corp. (AVNX): shares of Santa Clara, CA based energy efficient CPU maker tumbled 15.45% or 36 cents to $1.97 after the company posted quarterly report. The stock was the sixth leading decliner on Nasdaq today with 22.9 million shares traded, the seventeenth heaviest traded on Nasdaq.

Wednesday, May 10, 2006

Stocks On The Move - May 10

Stocks Rise on Heavy Volumn:
  • Baidu Inc. (BIDU): shares of leading Chinese internet search site soared 36.81% or $22.596 to $83.976 per share on analyst upgrade following the company's strong second-quarter guidance. The stock is the biggest winner on Nasdaq today with 14.9 million shares traded, about 14 times average volumn.
  • VIVUS Inc.(VVUS): shares of Mountain View, CA based pharmaceutical company surged 31.1% or $1.02 to $4.3 per share after the company annouced positive clinical trial result with its weight-loss treatment product. The stock is the second leading gainer on Nasdaq today with record volumn 7.5 million shares exchanged hands or 63 times normal volumn.

Stocks Drop on Heavy Volumn:

  • Escala Group Inc. (ESCL): shares of New York based global collectibles auction house plunged for the second straight session by losing another 46.44% to new 52 weeks low of $6.55 per share following the 61.78% drop in the previous trading session on probe of alleged fraud at the company's offices in Spain. Two days ago on Monday the stock was still trading at $32 per share but has lost about 80% since. The stock was biggest loser on Nasdaq today with new record volumn of 9.5 million shares traded, about 27 times average volumn.
  • Transmeta Corp. (TMTA): shares of Santa Clara, CA based energy efficient CPU maker tumbled 32.61% or 75 cents to $1.55 per share on reducing outlook and resignation of cheif financial officer. The stock was the second leading decliner on Nasdaq today with 15.7 million shares traded or four times average volumn.

Tuesday, May 09, 2006

Stocks On The Move - May 9

Stocks Rise on Heavy Volumn:
  • Inphonic Inc. (INPC): shares of Washington, DC based wireless services provider soared 19.18% or $1.41 to $8.76 per share on positive comments from analysts after the company narrwed first quarter loss. The stock is the forth leading gainer on Nasdaq today with 5.4 million shares traded, about 12 times average volumn.
  • General Motors Corporation(GM): shares of world's leading auto giant surged 9.55% or $2.25 to $25.8 per share on analyst upgrade on reducing risk of Delphi strike and increase liquidity. The stock is the tenth leading gainer and fifth heaviest traded on NYSE today with 25 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

Monday, May 08, 2006

Stocks On The Move - May 8

Stocks Rise on Heavy Volumn:
  • Emmis Communications Corp. (EMMS): shares of Indianapolis, Indiana radio and tv broadcasting company soared 21% or $2.82 to $16.25 per share after the CEO plans to buy the company for $567 million or $15.25 per share. The stock is the forth leading gainer on Nasdaq today with 8.7 million shares traded, about 15 times average volumn.
  • Inco Ltd.(N): shares of Toronto, Canada based metal mining company including nickel, copper and cobalt surged 13.56% or $8.01 to new 52 weeks high of $67.09 after Teck Cominco Ltd. offered $17.8 billion Canadian dollars bid to the company. The stock is the fourth leading gainer on NYSE today with 18 million shares traded, also the nineth heaviest traded on NYSE.

Stocks Drop on Heavy Volumn:

  • Generex Biotechnology Corp. (GNBT): shares of Toronto, Canada based potential avian flu vaccine maker dropped for the second straight session by losing 9.49% or 28 cents to $2.67 per share on profit taking. The stock was the eighth leading decliner on Nasdaq today with 6.9 million shares traded or half of average volumn.
  • Wachovia Corp. (WB): shares of the nation's fourth largest bank declined 6.68% or $3.97 to $55.42 after the company made market expansion into the West by buying Golden West Financial Corp. (GDW) for $24.2 billion. The stock was the fourth biggest loser and fifth heaviest traded on NYSE today with 24.5 million shares traded.

Friday, May 05, 2006

Stocks On The Move - May 5

Stocks Rise on Heavy Volumn:
  • Axelis Technologies Inc. (ACLS): shares of Beverly, MA based capital equipment manufacturer for te semiconductor industry surged 14.07% or $0.85 to $6.89 per share after the company announced better-than-expected outlook despite falling profit for the first quarter. The stock was the eleventh leading gainer on Nasdaq today with 9.5 million shares traded, about five times average volumn.
  • El Paso Corp. (EP): shares of Houston, Texas based nation's leading gas pipeline operator jumped 12.53% or $1.69 to new 52 weeks high of $15.18 per share after the company reported record first quarter earning which went trippled. The stock was the second biggest winner on NYSE today with 27.2 million shares exchanged hands, also the fourth heaviest traded on NYSE.

Stocks Drop on Heavy Volumn:

Thursday, May 04, 2006

Stocks On The Move - May 4

Stocks Rise on Heavy Volumn:
  • Ariad Pharmaceuticals Inc. (ARIA): shares of Cambridge, MA cancer drug maker soared 26.17% or $1.45 to $6.99 per share after company won patent-infringement lawsuit against Eli Lily. The stock was the second best performer on Nasdaq today with 12.6 million shares traded, about 26 times average volumn.
  • Expeditors International of Washington Inc. (EXPD): shares of Seattle, WA based logistics services provider surged 18.28% or $16.04 to new 52 weeks high of $103.80 per share after the company reported a 70 percent jump in the first quarter profit from $30.9 million in the same quarter of 2005 to $52.4 million. The stock was the tenth leading gainer on Nasdaq today with 5.1 million shares exchanged hands, about six times of average volumn.

Stocks Drop on Heavy Volumn:

  • Chico's Inc. (CHS): shares of Fort Myers, Florida based casual-to-dressy clothing retailer plunge 19.14% or $7.1 to $30 per share after the apparel retailer posted April same-store sales below Wall Street's estimate. The stock was the third biggest loser on NYSE today with 22.4 million shares traded, also the eighth heaviest traded on NYSE.
  • Pier One Imports Inc. (PIR): shares of Fort Worth, Texas based furniture and bed and bath accessories retailer plummet 17.58% or $1.92 to near 52 weeks low of $9 per share after the company reported declining same store sales in April. The stock was the fourth leading decliner on NYSE today with 10.2 million shares traded or five times average volumn.

Wednesday, May 03, 2006

Stocks On The Move - May 3

Stocks Rise on Heavy Volumn:
  • Advanced Digital Information Corp. (ADIC): shares of Redmond, Washington based data storage tape maker skyrocketted 43.53% or $3.6 to new 52 weeks high of $11.87 per share after data storage company Quantum Corp. annouced that it will buy the company for $770 million or about $12.25 per share. The stock was the second best performer on Nasdaq today with record volumn 20.5 million shares traded, about 55 times average volumn.
  • Symbol Technologies Inc. (SBL): shares of Holtsville, NY based scanner and mobile computer maker surged 15.42% or $1.65 to $12.3 per share after the company posted strong first quarter result with 33% quarter profit increase. The stock was the third leading gainer on NYSE today with 9.2 million shares exchanged hands, about four times of average volumn.

Stocks Drop on Heavy Volumn:

Tuesday, May 02, 2006

Stocks On The Move - May 2

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn:

Monday, May 01, 2006

Stocks On The Move - May 1

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn: