5-Times Volume Surge in Pharmacyclics (PCYC)
Pharmacyclics (NASDAQ: PCYC) is a micro-cap biotech that may get overlooked by most because of its size and share price. The stock is surging on a 19% gain to $1.25 today on positive data from Phase I/II non-Hodgkins lymphoma presented at the International Conference on Malignant Lymphoma.
This is a 5-times normal trading volume day [...]
Severe Volume Spike: NetApp (NTAP)
Shares of NetApp, Inc. (NASDAQ: NTAP) are up marginally today by 1% at $23.92 after about 40 minutes of trading. But there is an extreme surge in trading volume with already some 24 million shares having traded hands. Its average daily volume is about 8.5 million shares.
The company priced $1.1 Billion in 1.75% convertible senior [...]
SEVERE REVERSAL VOLUME: Ciena Up, Then Tank (CIEN)
Shares of Ciena Corp. (NASDAQ: CIEN) are seeing an explosion in trading volume this morning, At about 3 minutes before the open, the stock had already seen 1.487 million shares trade hands, and shares went from up to down 3.6% at $29.35.
Its average daily volume is 3.34 million shares. By the first 8-minutes of trading [...]
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