Stocks On The Move - December 1

Stocks Rise on Heavy Volumn:

• En Pointe Technologies Inc. (ENPT): shares of El Segundo, CA based information technology company skyrocketted 101.52% to $5.32 per share as the company reported strong fourth quarter profit as it swung to a profit. The stock was the biggest winner on Nasdaq today with 15.56 million shares traded.

Stocks Drop on Heavy Volumn:

• OmniVision Technologies Inc. (OVTI): the Sunnyvale, California based image sensor chips maker plunged 16.39% to new 52 weeks low of $13.62 per share as the second quarter earnings fall sharply due to high expenses and margins. The stock was the third leading decliner on Nasdaq today with 23.7 million shares traded.
• Finisar Corp. (FNSR): shares of Finisar, the Sunnyvale, CA based fiber optic network component maker to tumbled 11.23% to $3.4 per share on very heavy trading as the company is restating past earnings to correct stock options measurement dates. The stock was the seventh leading decliner and the fourth heaviest traded on Nasdaq today with 48.57 million shares traded.