Stock On the Move

Monday, November 27, 2006

Stocks On The Move - November 27

Stocks Rise on Heavy Volumn:
  • Conolog Corp. (CNLG): shares of Somerville, NJ based electronic components design company skyrocketted 278.63% to $4.96 per share although no news was announced. The stock was the biggest gainer on Nasdaq today with 6.1 million shares traded.
  • Targed Genetics Corp. (TGEN): shares of Seattle, WA based biotechnology company jumped 52.86% to $5.87 per share although the company officials can't explain why. The stock was the second leading gainer on Nasdaq today 7.04 million shares traded.

Stock Drop on Heavy Volumn:

  • Scottish Re Group Ltd. (SCT): the Bermuda based life insurance company tumbled 11.76% to $5.85 per share as private investment firms invest $600 million and took 70% of the company's shares. The stock was the second leading decliner on NYSE today with 14.86 million shares traded.
  • Revlon Inc. (REV): shares of New York, NY based cosmetics product maker lost 9.58% to $1.51 per share on weak market. The stock was the fifth leading decliner on NYSE today with 4.67 million shares exchanged hands.

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