Stock On the Move

Monday, September 25, 2006

Stocks On The Move - September 25

Stocks Rise on Heavy Volumn:

Stock Drop on Heavy Volumn:

  • Microsemi Crop. (MSCC): shares of Irvine, CA based semiconductor company tumbled 13.97% to new 52 weeks low of $19.59 per share on analyst downgrade due to lowered fourth quarter outlook. Now that ROC is showing the stock is oversold, the stock will bounce back soon as KD is also at the low. The stock was the second leading decliner on Nasdaq today with 7.79 millon shares traded.
  • Revlon Inc. (REV): shares of New York, NY based cosmetics product maker dropped 12.1% to $1.09 per share on job cut and canceling of new cosmetics line. With K line now below D line the stock may continue to go down. The stock was the fourth biggest loser on NYSE today with 7.02 million shares exchanged hands.

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