Stocks On The Move - November 9
Stocks Rise on Heavy Volumn:
- Essex Corp. (KEYW): shares of Columbia, Maryland based imaging processing company soared 17.87% to $23.55 per share after the company is bought by Northrop Grumman for $580 million or $24 per share. The stock was the fifth leading gainer on Nasdaq today with 8.04 million shares traded.
- Goodyear Tire & Rubber Co. (GT): shares of Akron, Ohio based leading tires maker surged 15.62% to $17.54 per share after the company reported better than expected results for the third quarter. The stock was the best performer on NYSE today with 19.76 million shares traded.
Stocks Drop on Heavy Volumn:
- Jupitermedia Corp. (JUPM): shares Darien, Connecticut based web graphics provider plunged 35.93% to $5.83 per share after the company's third quarter earnings dropped 98%. The stock was the leading decliner on Nasdaq today with 9.33 million shares traded.
- Imax Corp. (IMAX): shares of Mississauga, Canada based movie theaters operator plummetted 29.97% to $3.39 per share after the company swung to a third quarter loss on lower revenue. The company was the second leading decliner on Nasdaq today with 5.2 million shares traded.
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