Price/Volume Spike: Linear Tech (LLTC)

Posted in General 
January 14th, 2009

Linear Technology Corporation (NASDAQ: LLTC) closed at $22.60 yesterday, but then came its earnings disappointment.  As of 9:11 AM EST this morning we have seen the last trade at $21.65, down some 4.2% on pre-market trading volume of 87,000 shares.  Keep in mind that this trades over 6 million shares in any given trading day, and its 52-week trading range is $17.69 to $37.77.  With all the troubles this sector has seen, this one could easily turn higher if the market decides that it wants to post any rally after the recent days of selling off.

Jon C. Ogg
January 14, 2009

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