Pre-Market Volume Surge: Siliconware Precision Industries (SPIL)
Posted in GeneralJune 19th, 2008
Siliconware Precision Industries Co. Ltd. (NASDAQ: SPIL) is the leader of highly unusual trading in the pre-market hours this Thursday morning. We have seen 3.6 million shares trade hands at $7.35 as of 8:50 AM EST, but after further review this is holders that are selling shares in a $26 million offering. This will still be enough to throw up a trading volume flag all day. The stock closed yesterday at $7.63.
52-week range: $6.01 to $12.55.
Avg. Daily Volume: 1.8 million shares
OPTIONS: YES
Jon Ogg
June 19, 2008
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