Stock On the Move

Wednesday, January 31, 2007

Stocks On The Move - January 31

Stocks Rise on Heavy Volumn:


Stocks Drop on Heavy Volumn:

  • NutriSystem Inc. (NTRI): shares of Horsham, PA based weight loss program provider continue the slide after yesterday's announcement of negative guidance for the first quarter of 2007. Shares tumbled another 15.37% to $44.05 per share. The stock was the fourth decliner on Nasdaq today with 16.63 million shares traded.
  • Celestica Inc. (CLS): shares of Toronto, Canada based electronic manufacturing service provider plunged 22.9% to new 52 weeks low of $5.96 per share after the company issued disappointing first quarter guidance. The stock was the leading decliner on NYSE today with 13.36 million shares traded.

Tuesday, January 30, 2007

Stocks On The Move - January 30

Stocks Rise on Heavy Volumn:
  • Align Technologies Inc. (ALGN): shares of Santa Clara, CA based teeth misalignment treatment provider soared 21.21% to $16.69 per share as the company annouced upbeat forecast for first quarter of 2007. The stock was the second biggest winner on Nasdaq today with 8.81 million shares traded.
  • Ivanhoe Energy Inc.(IVAN): shares of Vancouver, Canada based oil and gas company jumped 19.31% to $1.73 per share on no news announcement. The stock was the third leading gainer on Nasdaq today with 8.3 million shares exchanged hands.

Stock Drop on Heavy Volumn:

  • Genesis Microchip Inc. (GNSS): shares of Alviso, CA based flat-panel display controller chips maker plunged 18.15% to 52 weeks low of $8.07 per share after the company posted bigger than expected loss for the third quarter. The stock was the leading decliner on Nasdaq today with 12 million shares traded.
  • NutriSystem Inc. (NTRI): shares of Horsham, PA based weight loss program provider tumbled 10.01% to $52.05 per share and lost additional 11% to $46.2 as the company announced negative guidance for the first quarter of 2007. The stock was the fourth leading gainer on Nasdaq today with 12.68 million shares traded.

Monday, January 29, 2007

Stocks On The Move - January 29

Stocks Rise on Heavy Volumn:
  • Molecular Devices Corp. (MDCC): shares of Sunnyvale, CA based bioanalytical measurement system manufacturer jumped 46.86% to %35.07 per share as MDS is buying the company for $615 million or $35.5 per share. The stock was the second biggest winner on Nasdaq today with 6.39 million shares exchanged hands.
  • Synargo Technologies Inc. (SYGR): shares of Houston based wastewater treatment plants operator surged 27.68% to new 52 weeks high of $5.72 per share after the company agreed to be bought by Carlyle Group for $462 million or $5.76 per share. The stock was the fifth leading gainer on Nasdaq today with 9.06 million shares traded.
  • Abitibi-Consolidated Inc. (ABY): shares of Montreal, Canada based newsprint and commercial print papers maker soared 26.14% to $3.33 per share on merger with Bowater Inc. The combined company would create annual revenue of $7.9 billion with market capitalization of $2.4 billion. The stock was the second leading gainer on NYSE today with 20.32 million shares traded.
  • Bowater Inc. (BOW): another winner of the $7.9 billion dollar merger is Bowater with shares surged 23.88% to $27.44 per share. The stock was the third leading gainer following ABY on NYSE today with 14.98 million shares traded.

Sunday, January 28, 2007

Stocks On The Move - January 26

Stocks Rise on Heavy Volumn:
  • Zanett Inc. (ZANE): shares of New York based information technology solutions provider soared 54.41% to $2.1 per share after the company was part of the team which received contract from the Department Homeland Security. The stock was the biggest winner and the sixteenth heaviest traded on Nasdaq today with 20.95 million shares exchanged hands.
  • Novelis Inc. (NVL): shares of Atlanta based aluminum maker surged 23.8% to $37.3 per share on potential sale of the company. The stock was the leading gainer on NYSE today with 9.99 million shares traded.

Stocks Drop on Heavy Volumn:

  • LECG Corp. (XPRT): shares of Emeryville, CA based financial research company plunged 23.08% to $14.13 per share after the company cut its fourth-quarter and fiscal 2006 forecasts. The stock was the leading decliner on Nasdaq todaywith 5.91 million shares traded.
  • Western Digital Corp. (WDC): shares of Lake Forest, CA based hard disk maker lost 8.12% to $19.11 per share despite posted strong than expected second quarter results as concerns over lack of gross margin improvement. The stock was the fourth leading decliner on NYSE today with 10.88 million shares traded.

Thursday, January 25, 2007

Stocks On The Move - January 25

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn:

  • Varian Medical Systems Inc. (VAR): shares of Palo Alto, CA based cancer therapy systems manufacturers tumbled 8.72% to $45.77 per share on downgrade due to lowered outlook for the second quarter. The stock was the third leading decliner on NYSE todaywith 6.78 million shares traded.

Wednesday, January 24, 2007

Stocks On The Move - January 24

Stocks Rise on Heavy Volumn:

Stock Drop on Heavy Volumn:

  • Advanced Micro Devices Inc. (AMD): the price war with rival Intel Corp. is hurting the stock price and also shaking the analysts confidence of the world's second leading CPU maker as shares lost 8.45% to $16.03 per share. The stock was the third leading decliner and the second heaviest traded on NYSE today with 74.67 million shares traded.

Tuesday, January 23, 2007

Stocks On The Move - January 23

Stocks Rise on Heavy Volumn:
  • Nutrition 21 Inc. (NXXI): shares of Purchase, NY based nutrition products maker surged 13.76% to $2.15 per share after the company annouced that its selenium yeast product supressed progression of HIV. The positive news help the stock reached as high as $2.63 today. The stock was the seventh leading gainer on Nasdaq today with 8.36 million shares traded.
  • United Microelectronics Corp. (UMC): shares of Taiwan based second leading semiconductor foundry company rose 11.21% to $3.67 per share as the company is planning to reduce its shares by 30% and make a large payment to shareholders. The stock was the fourth leading gainer and the thirteenth heaviest traded on NYSE today with 22.9 million shares traded.

Stocks Drop on Heavy Volumn:

  • Nektar Therapeutics (NKTR): shares of San Carlos, CA based biopharmaceutical company tumbled 9.51% to $13.03 per share on anticipated lower sales of Exubera, a insulin which uses drug-delivery technology made by Nektar. The stock was the third leading decliner on Nasdaq today with 10.6 million shares traded.
  • AMR Corp. (AMR): shares of American Airline dropped 8.46% to $36.7 per share after the company issued 13 million new shares at $38.7 per share. The stock was the second leading decliner and the seventh heaviest traded on NYSE today with 34 million shares traded.

Monday, January 22, 2007

Stocks On The Move - January 22

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn:

  • Star Scientific Inc. (STSI): last week the Chester, Virginia based tobacco curing technology company was still trading at 52 weeks high of $4.4 per share as the company was expecting a decisions soon for a patent infringement lawsuit against R.J. Reynolds Tobacco. However after the court ruled in favor over Reynolds, shares of STSI plunged all the way to $1.16 today, losing 75% in just two days. The 32% drop today makes the stock the worst on Nasdaq with 20.76 million shares traded.
  • Gateway Inc. (GTW): shares of Irvine, CA based PC maker lost 6.28% to $1.94 per share as the market retreat on rising oil price. The stock was the eighth leading gainer on NYSE today with 12.11 million shares traded.

Sunday, January 21, 2007

Stocks On The Move - January 19

Stocks Rise on Heavy Volumn:


Stocks Rise on Heavy Volumn:
  • Hoku Scientific Inc. (HOKU): after surging 122.58% in the previous session, the fuel cell and solar power component company gave up 19% of its gain to $5.56 per share. The stock was the fourth leading decliner on Nasdaq today with 15.5 million shares traded.
  • Coldwater Creek Inc. (CWTR): shares of Sandpoint, Idaho based retailer of women's apparel and jewelry tumbled 12.33% to $20.7 per share as the company is lowering its fourth-quarter outlook below analyst expectations due to weak sales during the holidays. The stock was the fifth leading decliner on Nasdaq today with 12.33 million shares traded.

Thursday, January 18, 2007

Stocks On The Move - January 18

Stocks Rise on Heavy Volumn:

  • Hoku Scientific Inc. (HOKU): shares of fuel cell and solar power component company skyrocketted 122.58% to $6.9 per share after the company signed a 7 year contract with Sanyo Electric for $370 million. The stock is now back to the level last seen in May of last year. The stock was the leading gainer and the eleventh heaviest traded on Nasdaq today with 28 million shares traded.

Stock Drop on Heavy Volumn:

  • LAM Research Corp. (LRCX): shares of Fremont, CA based semiconductor process equipment maker tumbled 14.61% to $46.22 per share despite a strong second quarter due to negative outlook. The stock was the fifth leading decliner on Nasdaq today with heavy volumn of 18 million shares traded.
  • Knight Capital Group Inc.(NITE): shares of Jersey City, NJ based asset management services provider drop 14.12% to $18.43 per share today as Wall Street saw weakness in the firm's fourth-quarter report. The stock was the sixth leading gainer on Nasdaq today with 7.17 million shares traded.

Wednesday, January 17, 2007

Stocks On The Move - January 17

Stocks Rise on Heavy Volumn:
  • Star Scientific Inc. (STSI): shares of Chester, Virginia based tobacco curing technology company soared 29.79% to 52 weeks high of $4.4 per share as the company is expecting a decisions soon for a patent infringement lawsuit against R.J. Reynolds Tobacco. The stock was the leading gainer on Nasdaq today with 9.27 million shares traded.
  • Mills Corp. (MLS): shares of shopping center REIT surged for second day in a row with another 26.39% gain following 17% yesterday. The stock is now trading at $22.46 per share back to the level last seen in August of last year. However as the stock is acquired for $21 per share by Brookfield we probably won't see anymore upside. The stock was the biggest winner on NYSE today with 20.2 million shares traded also making it the fourteenth heaviest traded.

Stocks Drop on Heavy Volumn:

  • Rackable Systems Inc. (RACK): shares of Milpitas, CA based computer storage system company plunged 38.37% to $19.98 per share after the company issued warning that it will miss Wall Street's expectation for the fourth-quarter. The stock was the leading decliner and the twelveth heaviest traded on Nasdaq today with 30 million shares traded.

Tuesday, January 16, 2007

Stocks On The Move - January 16

Stocks Rise on Heavy Volumn:
  • Highway Holdings Ltd. (HIHO): shares of Hong Kong based metal, plastic and electric parts maker for contract manufacturers soared 22.12% to $6.46 per share after the company received two orders from U.S. customers. The stock was the third leading gainer on Nasdaq today with 3.1 million shares traded.
  • Mills Corp. (MLS): shares of shopping center REIT surged 16.83% today to $17.77 per share with $499 million funding from San Francisco hedge fund. The stock was the second biggest winner on NYSE today with 5.6 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

  • Symantec Corp. (SYMC): shares of Cupertino, CA based enterprises software maker plunged 13.13% to $17.79 per share after the company cuts its earning projections for the third quarter due to lower revenue from maintenance contracts. The stock was the second leading decliner and the second heaviest traded on Nasdaq tody with 121 million shares traded.
  • Commerce Bancorp Inc. (CBH): shares of Cherry Hill, NJ based commercial banking company tumbled 8.32% to $31.83 per share as its officials are under federal investigation. The stock was the second leading decliner on NYSEtoday with 15 million shares exchanged hands.

Saturday, January 13, 2007

Stocks On The Move - January 12

Stocks Rise on Heavy Volumn:


  • Terra Industries Inc. (TRA): shares of fertilizers maker jumped 12.14% to $13.39 per share after the company announced debt tender offer. The stock was the leading gainer on NYSE today with 5.32 million shares traded.
  • Phazar Corp. (ANTP): the Mineral Wells, Texas based antenna system maker is the winner on the stock market today as shares soared 27.91% to $7.7 per share after the announcement of second quarter financial result. From the chart it shows the stock is now on a comeback rally. Heavy volumn of 2.2 millions shares were traded today.

Stocks Drop on Heavy Volumn:

  • Advanced Micro Devices Inc. (AMD): shares of the world's second leading CPU maker lost 9.51% to $18.26 per share as the company is exptected to miss Wall Street's expectations by 25% on price war with Intel. The stock was the second leading decliner and the heaviest traded on NYSE today with 122 million shares traded.

Thursday, January 11, 2007

Stocks On The Move - January 11

Stocks Rise on Heavy Volumn:

  • Onstream Media Corp. (ONSM): shares of Pompano Beach, Florida on-demand media communication company surged 19.44% to $3.44 per share after the company received $2.2 million in cash for selling $1.5 million shares. The stock was the seventh leading gainer on the stock market today with 5.22 million shares traded.
  • Lear Corp.(LEA): shares of Southfield, Michigan based car interior system provider jumped 14.47% to $31.81 per share as the company is expecting strong sales for 2007. The stock was the biggest gainer on NYSE today with 6.47 million shares traded.

Stocks Drop on Heavy Volumn:

Wednesday, January 10, 2007

Stocks On The Move - January 10

Stocks Rise on Heavy Volumn:

  • Ocean Bio-Chem Inc. (OBCI): shares of Fort Lauderdale, Florida based car and boat maintenance products maker skyrocketted 179% to new 52 weeks high of $5.11 per share on increase product shipment to Wal-Mart. The stock was the biggest winner on Nasdaq today with 7.93 million shares traded.
  • Insmed Inc. (INSM): shares of Glen Allen, VA based drug maker for metabolic diseases jumped 22.33% to $1.26 per share after Italian government has asked the company to make its drug Iplex available to physicians in Italy. This provides a great lift to the badly punished stock which has been on the negative side since it lost the patent litigation battle with Tercica earlier last December. The stock was the sixth leading gainer on Nasdaq today with 8.73 million shares traded.
  • Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company surged 19.91% to $2.53 per share on bargain hunting as in the previous session the stock was at its 52 weeks low. The stock was the leading gainer on NYSE today with 7.25 million shares traded.
  • Las Vegas Sands Corp.(LVS): shares of Las Vegas, NV based casino resort operator in Las Vegas and Macau surged 11.29% to new 52 weeks high of $102.81 per share as the company received approval for the new development on Hengqin Island near Macau. The stock was the fifth best performer on NYSE today with 5.4 million shares traded.

Tuesday, January 09, 2007

Stocks On The Move - January 9

Stocks Rise on Heavy Volumn:

Stocks Drop on Heavy Volumn:

Monday, January 08, 2007

Stocks On The Move - January 8

Stocks Rise on Heavy Volumn:

  • Therma-Wave Inc. (TWAV): shares of Fremont, CA based process control metrology systems maker for semiconductors soared 28.81% to $1.61 per share after the company is acquired by KLA-Tencor for $75 million or $1.65 per share. The stock was the second leading gainer on Nasdaq today with 6.37 million shares exchanged hands.
  • Seattle Genetics Inc. (SGEN): shares of bothell, WA based biotechnology company surged 24.01% to $6.56 per share on licensing agreement with Genentech. The stock was the third leading gainer on Nasdaq with 5.29 million shares traded.

Stock Drop on Heavy Volumn:

Saturday, January 06, 2007

Stocks On The Move - January 5

Stocks Rise on Heavy Volumn:

  • Atherogenics Inc. (AGIX): shares of Alpharetta, Georgia based chronic inflammatory diseases drug maker soared 24.07% to $12.06 per share on speculation of positive results from a heart drug trial. This ends the year long slide which began in January of last year. The stock was the leading gainer on Nasdaq with 6.22 million shares exchanged hands.
  • NYSE Group Inc. (NYX): the operator of New York Stock Exchange is among the leading gainers on NYSE today gaining 7.67% to $102.39 as the stock exchange updated listed trading volumn. The stock was the third leading gainer on NYSE with 14 million shares traded.

Stock Drop on Heavy Volumn:

  • Herbalife Ltd. (HLF): shares of Los Angeles, based nutritional supplement maker plunged 24.33% to $29.74 per share after the company cut its sales forecast for 2007 due to slow growth in Mexico. The stock was the second leading decliner on NYSE today with 11.2 million shares traded.
  • Global Payments Inc. (GPN): shares of Atlanta, based consumer money transfer service provider tumbled 16.23% to $41.09 per share on downgrade after the company posted an so so result inline with Wall Street estimates. For the past four years the company continuesly beat Wall Street's forcast. The stock was the third leading decliner on NYSE today with 8.87 million shares traded.

Thursday, January 04, 2007

Stocks On The Move - January 4

Stocks Rise on Heavy Volumn:

Stock Drop on Heavy Volumn:

  • Hot Topics Inc. (HOTT): shares of clothing retailer plunged $2.31 or 17.06% to $11.23 per share after the company reported a 5% drop in sales. The stock was the third biggest loser on Nasdaq today with 9.8 million shares traded.
  • Constellation Brands Inc. (STZ): shares of Fairport, NY, based alcohol beverage producer tumbled 11.44% to $25.15 per share after the company reported earning that lost the mark and also lowered outlook for 2007. The stock was the second leading decliner on NYSE today with 9.15 million shares traded.

Wednesday, January 03, 2007

Stocks On The Move - January 3

Stocks Rise on Heavy Volumn:
  • EGL Inc. (EAGL): shares of Houston, Texas based supply chain and information services provider soared 27.94% to $38.1 per share after the CEO is buying out the company for $36 per share. The stock was the fourth leading gainer on Nasdaq with 6.56 million shares exchanged hands.
  • China Life Insurance Co. Ltd.(LFC): shares of Chinese life insurance company jumped 10.37% to $55.75 per share as the company is about to begin tarding at the Shanghai Exchange on January 11. The stock was the sixth leading gainer on NYSE today with 4.57 million shares traded.

Stock Drop on Heavy Volumn:

  • Tetra Technologies Inc. (TTI): shares of Woodlands, Texas based oil and gas services company tumbled 10.09% to $23 per share after the company warned that its 2006 earnings will miss estimates. The stock was the biggest loser on NYSE today with 4.8 million shares traded.
  • Freeport-McMoran Copper & Gold Inc. (FCX): shares of New Orleans, Louisiana based copper, gold and silver mining company dropped 9.4% to $50.49 per share as copper price plunged more than 7% due to concerns of imcreasing metal stockpiles. The stock was the third leading decliner on NYSE today with 14.18 million shares traded.