Stock On the Move

Tuesday, October 24, 2006

Stocks On The Move - October 24

Stocks Rise on Heavy Volumn:
  • Travelzoo Inc. (TZOO): shares of New York based online travel company soared 19.2% to $38.62 per share on strong third quarter result. The stock is currently on bull market with 50 day moving average above 200 day moving average and MACD back above 0. The stock was the fourth best performer on Nasdaq today with 5.39 million shares traded.
  • Brinker International Inc.(EAT): shares of Dallas, Texas based restaurants operator of Chili's, Macaroni Grill and On The Border Mexican Grill surged 17.57% to $46.5 per share on 50% in first quarter profit. The stock is now back to bull market with 50 day moving average rising on top over 200 day moving average. The stock is the second leading gainer on NYSE today with 6.9 million shares traded.

Stocks Drop on Heavy Volumn:

  • NeuroMetrix Inc. (NURO): shares of Waltham, Maryland based medical device maker plunged 28.97% to $14.1 per share on downgrade due to insurance rule change. The stock is in weak market as the stock is falling deep below 50 day and 200 day moving average. The stock is the biggest loser on Nasdaq today with 7.3 million shares traded.
  • Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company dropped 9.44% to $4.7 per share after posting loss of $33.8 million for the first two quarters of 2006. The stock is still in weak market with 50 day moving average below 200 day moving average and MACD falling below 0. The stock was the second leading decliner on NYSE today with 7.4 million shares traded.

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