Price/Volume Alert: Marvell Tech (MRVL, BRCM)
Marvell Technology Group, Ltd. (NASDAQ: MRVL) just got slapped after earnings came to a loss for the quarter. Shares closed at $11.69 and are trading at $11.09, down 5.13% on some 664,778 shares after the closing bell as of 4:33 PM EST. Marvell is close enough of a competitor to Broadcom (NASDAQ: BRCM) that even [...]
Odd Volume Spike: Neurogen (NRGN)
Neurogen Corp. (NASDAQ: NRGN) has suddenly popped up 13% to over $0.217. Unfortunately this is trader-pop which may just be from chat rooms rather than anything solid. We have sees 826K shares trade hands as of 12:41 PM EST. Average volume is 571K shares. At this price, there has only been a face value of [...]
Price/Volume Alert: Cree Inc. (CREE)
Cree Inc. (NASDAQ: CREE) raised its fourth-quarter earnings and revenue targets on strong bookings for both lighting and laptop LED products. Shares are indicated up 9% at $30.25, but so far we have only seen 10,400 shares trade hands as of 8:29 AM EST. JON C. OGG
Price/Volume Spike: Sequenom (SQNM)
Sequenom (NASDAQ:SQNM) is getting a lot of trader attention this morning on an analyst upgrades. Lazard removed its SELL rating, but be advised that it is only now a HOLD rating. This at least takes some concern off the ZERO mark… for now. SQNM is up 12% at $3.33 at 8:27 AM EST on over [...]
Unusual Block Volume: Nanosphere (NSPH)
Nanosphere, Inc. (NASDAQ: NSPH) is part of the Lux ETF and saw a sharp rise on Friday. We have NEVER featured this one here for an exponential alert nor for a block volume alert. Shares were up 20% at $3.60 late in the day on almost 600,000 shares. That is almost 15-times noirmal trading volume. [...]
Secondary Volume Surge: Suntech Power (STP)
Suntech Power Holdings Co. Ltd. (NYSE: STP) is actually holding up a bit better than you might have thought. The solar player priced a 20 million share secondary offering at $12.50 per share, a steep discount from a $13.47 close yesterday. That is already after STP fell by over $2.30 on word of the offering [...]
Price/Volume Spike: DryShips (DRYS)
DryShips Inc. (NASDAQ: DRYS) traded up after the company said it had completed its “ATM” financing of some $475 million. It will no longer sell shares in the open market. Shares closed at $7.04 yesterday, and at 7:56 AM EST we have seen over 553,000 shares trade hands and the stock is up at $7.47 [...]
Price/Volume Alert: Sears Holdings (SHLD)
Sears Holdings (NASDAQ: SHLD) is seeing a surge in price and some decent pre-market volume considering it is not even 8:00 AM EST. The retailer and part-time hedge fund posted a Q1 profit of $26 million, or $0.21 EPS rather than a loss expected and above a $56 million loss a year ago. Revenue fell [...]
Volume Surge: Tessera Tech (TSRA)
Tessera Technologies, Inc. (NASDAQ: TSRA) is seeing a surge in pre-market trading. This is never in the most active stocks, yet it is one of the most active of NASDAQ tech stocks so far. Shares are up 20% just over $20.00 as of 9:13 AM EST and we are already over 370,000 shares. Average daily [...]
Volume Spike Alert: Hemispherx (HEB)
Hemispherx Biopharma Inc. (HEB) is seeing shares scream higher this morning. The company did a $16 million offering yesterday that took away a quarter of its value, but that is on the heels of a 100% run-up since last Friday. We have seen 4.5 million shares traded as of 10:25 AM EST and shares are [...]
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