Stocks On The Move - February 2
Stocks Rising On Heavy Volumn:
- Secure Computing Corp. (SCUR): shares of San Jose, California based Secure Computing company soared 29.93% to $8.77 per share after the company beat Wall Street's forecasts for fourth quarter profit. The stock was the third leading gainer on Nasdaq today with 9.69 million shares traded.
- Syntax-Brillian Corporation (BRLC): shares of Tempe, Arizona based high-definition televisions (HDTV) maker rose 13.09% to $9.85 per share as the company is about to announce earning on February 8. The stock was the nineth leading gainer on Nasdaq today with 7.69 million shares traded.
Stocks Dropping On Heavy Volumn:
- Rackable Systems Inc. (RACK): shares of Milpitas, CA based computer storage system company tumbled 17.94% to $16.69 per share on downgrade as the company's profit margin shrink due to competition. The stock was the second leading decliner on Nasdaq today with 19.7 million shares traded.
- Bookham Inc. (BKHM): shares of San Jose, CA based optical network component maker tumbled 15.81% to $2.45 per share on disappointing third quarter sales forecast. The stock was the fourth leading decliner on Nasdaq today with 9.7 million shares traded.
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