Stocks On The Move - July 30
Stocks Rise on Heavy Volumn:
- KBR Inc.(KBR): shares of Houston, Texas based oil and gas production facilities design and construction service provider rose 8.5% to $31.39 per share after the company is expected to get $3 million from changing its contract for a Nigerian gas-to-liquids project. The stock was the eighth leading gainer on NYSE today with 4 million shares trade.
Stock Drop on Heavy Volumn:
- ValueClick Inc. (VCLK): shares of online advertising company plunged 19.22% to $21.01 per share due to weaker than expected earning and lower 2007 forecast. The stock became the third leading decliner on Nasdaq with 25.5 million shares traded.
- RadioShack Corp. (RSH): shares of electronic retailer tumbled 11.285 to $25.55 per share as the company posted 15% drop in revenue and also 9% drop in same store sales. The stock was the seventh leading decliner on NYSE with 14 million shares traded.
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