Volume Spikes: DigitalGlobe & GeoEye (DGI, GEOY)

Posted in General 
May 14th, 2009

DigitalGlobe (NYSE: DGI) has just opened for trading.  Indications were $20 to $23 early after a $19.00 pricing.  It printed as high as $25.00, but at 10:01 AM EST shares are at $21.68 on over 5.5 million shares.  The total IPO was 14.7 million shares.  GeoEye (NASDAQ: GEOY) is the top competitor, and its shares are now down almost 7% at $22.98 on 211,00 shares (avg. vol. is 370,000 shares).  -JON OGG

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