PRICE/VOLUME SURGE: deCODE Genetics (DCGN)
We just saw a sudden volume and price surge in shares of deCODE Genetics Inc. (NASDAQ: DCGN). The culprit is a CNBC interview with a scientist around 12:45 PM EST. At 12:46 PM EST we have seen a 24% surge in price to $1.70 on 550,000 shares. Its average daily volume is only about 225,000 [...]
Downward Volume Surge: Millicom Int'l Cellular (MICC)
Millicom International Cellular SA (NASDAQ: MICC), a global emerging market wireless and telecom player based in Luxembourg, is seeing a severe volume surge to the downside today. The company posted results, but it also made two more announcements. The company is spending roughly $510 million (enterprise combining debt with purchase price) to acquire Amnet Telecommunications, [...]
Volume Surge: Woodward Governor Hits All-Time Highs (WGOV)
Woodward Governor Co. (NASDAQ: WGOV) is seeing a sharp rise in shares today after the company beat earnings estimates last night. We are seeing a 14% rise to $43.72 as of 10:26 AM EST, but more important is the trading volume. An average day is about 720,000 shares and in less than one hour we [...]
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