Stocks On The Move - June 28

Stocks Rise on Heavy Volumn:

• unfortunately no stock met the criteria today

Stocks Drop on Heavy Volumn:

• Netgear Inc. (NTGR): shares of Santa Clara, California based communication equipment maker plunged 11.24% or $2.66 to $21 per share on analyst downgrade citing competition from network equipment leader Cisco. The analyst gave a price target of $26 per share. The stock was the nineth leading decliner on Nasdaq today with 5 million shares traded or 6 times average volumn.
• Rambus Inc.(RMBS): after reaching 52 weeks high in April as the company won the patent infringing case, shares of the leading memory chips maker has been on a slide since and again tumbled 11.15% or $2.58 to $20.55 per share after the company announced that it has found discrepancies in past stock-options award dates and may result in additional noncash charge. The stock was the tenth leading gainer and the fifteenth heaviest traded on Nasdaq today with 15 million shares exchanged hands.