VOLUME SURGE: PALM INC. (PALM)
Palm Inc. (NASDAQ: PALM) is surging right at the open on the hopes of its new PRE Phone. A minute before the open it has seen 1.8 million shares trade with a last print at $5.20. Average volume is only 2.5 million shares now. This one closed at $4.45 yesterday.
Another factor was the imbalance order….Mkt [...]
Volume Spike: Orexigen (OREX)
Orexigen Therapeutics, Inc. (NASDAQ: OREX) is getting pounded this morning. Shares are down over 25% on almost 300,000 shares after Wall Street is looking at its impressive weight loss results in obesity patients as a disappointment. This one only trades 350,000 shares per day and its 52-week trading range is $1.55 to $13.74. (9:28 AM_)
Jon [...]
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