Stocks On The Move - February 15
Stocks Rise on Heavy Volumn:
- NutriSystem Inc. (NTRI): shares of Horsham, PA based weight loss program provider surged 13.47% to $49.79 per share after company's board of directors approves $200 million stock buyback program. The stock was the eleventh leading gainer on Nasdaq today with 12.02 million shares traded.
- CytRx Corp. (CYTR): shares of Los Angeles, CA based biopharmaceutical research company surged 14% to $3.99 per share on heavy volumn with no news announement. The stock this year has gained 100% in just two months. The stock was the tenth leading gainer on Nasdaq today with 5.6 million shares traded.
Stocks Drop on Heavy Volumn:
- RealNetworks Inc. (RNWK): the Seattle, WA based digital media software maker of the popular RealPlayer today announced disappointing sales outlook and ignites downgrades from series of analysts. Shares sank 15.93% to $8.97 per share, the third worst on Nasdaq with heavy volumn of 18 million shares traded.
- Baker Hughes Inc. (BHI): shares of Houston based oil and natural gas drilling equipment provider tumbled 9.38% to $65.19 per share on disappointing fourth quarter report. The stock was the leading decliner on NYSE today with 23.53 million shares traded.
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