Stocks On The Move - November 13
The market began the week with positive note with Dow rose 23 points to 12131 and Nasdaq gained 16 points to 2046 as Oil prices dropped below $59 per barrel.
Among the winners are drug maker Isis Pharmaceuticals(ISIS) which soared 19.75% to $12.43 per share on two successful mid-stage clinical trials of its cholestrol-lowering drug and leading credit card company MasterCard Incorporated(MA) which rose 8.24% or $7.35 to $96.55 per share after Sam's Club began accepting the company's credit cards. Isis Pharmaceuticals was also among the leaders in volumn with 24.6 million shares. The best performer today was Chinese business software company E-Future Information (EFUT) which surged 48.27% to $29.49 per share on first day of trading.
The advancers outnumbering the decliners on both NYSE and Nasdaq. However to shareholder of biotechnology company Illumina Inc. (ILMN) today was not the day to celebrate as shares tumbled 11.67% to $38.91 on four times average volumn of 5.6 million shares after the company agreed to buy Solexa for $14 per share. Another Chinese technology company, Telestone Technologies(TSTC) went the opposite way to its surging fellow rookie as shares plunged 24.73% to $4.14 per share after filing third quarter result.
Among the winners are drug maker Isis Pharmaceuticals(ISIS) which soared 19.75% to $12.43 per share on two successful mid-stage clinical trials of its cholestrol-lowering drug and leading credit card company MasterCard Incorporated(MA) which rose 8.24% or $7.35 to $96.55 per share after Sam's Club began accepting the company's credit cards. Isis Pharmaceuticals was also among the leaders in volumn with 24.6 million shares. The best performer today was Chinese business software company E-Future Information (EFUT) which surged 48.27% to $29.49 per share on first day of trading.
The advancers outnumbering the decliners on both NYSE and Nasdaq. However to shareholder of biotechnology company Illumina Inc. (ILMN) today was not the day to celebrate as shares tumbled 11.67% to $38.91 on four times average volumn of 5.6 million shares after the company agreed to buy Solexa for $14 per share. Another Chinese technology company, Telestone Technologies(TSTC) went the opposite way to its surging fellow rookie as shares plunged 24.73% to $4.14 per share after filing third quarter result.
posted by Stock Geek at
7:53 PM
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