Stocks On the Move - March 29

Stocks Rise on Heavy Volumn:

• Targedted Genetics Corp. (TGEN): shares of Seattle, WA based biotechnology company skyrocketted 66.15% to $4.27 per share after the company swung to fourth-quarter profit as revenue more than doubled. The stock was the biggest winner on Nasdaq today with 21.6 million shares traded.
• Lone Star Technologies Inc.(LSS): shares of Dallas, TX based carbon welded oil country tubular goods maker soared 36.45% to $66.11 per share after U.S. Steel is buying the company for $67.5 per share. The stock was the leading gainer on NYSE today with 11 million shares traded.

Stocks Drop on Heavy Volumn:

• Insituform Technologies Inc. (INSU): shares of underground pipes maintainenance company plunged 22.78% to $20 per share after the company said it is expecting earning decline this year as U.S. spend less on sewer pipeline rehabilitation. The stock was the leading decliner on Nasdaq today with 6.05 million shares traded.
• KMG America Corp. (KMA): shares of life and health insurance provider plummetted 43.83% to $4.87 per share after industry ratings agency downgraded the company's outlook. The stock was the biggest loser on NYSE today with 9.32 million shares exchanged hands.