Stocks On The Move - October 25
Stocks Rise on Heavy Volumn
- Applied Digital Solution (ADSX): shares of Delray Beach, FL based security products for consumer, commercial and government soared up 31.36% to $2.22 per share after patent for the company's glucose-sensing RFID microchip has been granted. The stock was the second leading gainer and the eighteenth heaviest traded on Nasdaq today with 17 million shares traded.
- Yankee Candle Co. Inc. (YCC): shares of South Deerfield, Maryland based scented candles maker surged 17.44% to $33.73 per share after the company would be acquired by private equity investment firm for $1.4 billion in cash. The stock was the best performer on NYSE today with 11 million shares exchanged hands.
Stock Drops on Heavy Volumn
- LifeCell Corp. (LIFC): shares of Branchburg, NJ based iotechnology company plunged 25.19% to $23.82 per share due to weak outlook despite strong earning for the third quarter. The stock was the leading decliner on Nasdaq today with 14.7 million shares traded.
- Corning Inc. (GLW): shares of diversified glass company tumbled 8.82% to $21.14 per share on downgrade on weak earning guidance despite strong third quarter earning. The glass technology company was the third leading decliner and the heaviest traded on NYSE today with 59.26 million shares traded.
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