Volume Spike Investor

Steel stocks are among the laggards Tuesday after disappointing results from Schnitzer Steel Industries Inc. (Nasdaq: SCHN) and a lackluster consumer confidence report that helped spur lower commodity prices. Schnitzer is weighing most heavily on the group, down more than 10 percent as of noon Tuesday, on more than twice its normal volume. The company missed [...]

CytRx Corp. (Nasdaq: CYTR) shares are up 8%, near $1 a share, and have traded a day’s average daily volume in the first two hours of trading after the company filed a report with the FDA offering data to support continuation of one of its key Phase II clinical trials. “We are confident that the information [...]

Shares of refiner Sunoco Inc. (SUN) are down more than 2 percent, and have traded roughly a third of their average daily volume in the first 75 minutes of trading on Tuesday. Goldman Sachs early this morning cut its rating on Sunoco, noting rising gasoline inventories and new refineries coming on that could further boost [...]

Sunrise Senior Living Inc. (NYSE: SRZ) shares are down nearly 20, and have traded almost a day’s average volume in the first hour of the session after real estate investment trust HCP Inc. (NYSE: HCP) alleged a Sunrise contract breach. HCP  wants to  terminate agreements on 64 properties operated by Sunrise, alleging that they’re being run to [...]

Starbucks Corp. (Nasdaq: SBUX) shares are down roughly 4% as of 10:15 a.m. Eastern, trading roughly a third of its aveage daily volume in the first 45 minutes of trading. The stock appears to be cooling following the release of industry data from NPD Group that showed gourmet coffee and tea sales fell 12.6% from year-ago [...]

For-profit education stocks are rising in above-average premarket trading volume after Apollo Group (Nasdaq: APOL) beat earnings expectations by 14 cents a share and boosted its stock buyback program, on the back of a stronger-than-expected new student start rate. The company in a conference call said that the percentage of revenue that comes from federal [...]

Geron Corp. (Nasdaq: GERN) shares have seen a sudden spike of more than 25% and already have traded nearly 10% of the stock’s daily average volume after announcing an exclusive global licensing agreement with General Electric Co.’s (NYSE: GE) GE Healthcare. The companies plan to develop and commercialize cellular assay products made from human embryonic [...]

Emulex Corp. (NYSE: ELX) shares are up more than 2 percent in premarket trading, and are showing some early trading volume. The company’s board said late Monday that it will review the terms of a revised offer from Broadcom Corp. (Nasdaq: BRCM) to buy the company for $11 a share in cash. The stock is [...]

Momenta Pharmaceutical Inc. (Nasdaq: MNTA) shares are up more than 4 percent in fairly strong premarket volume after the company said its novel anticoagulate M118 reached its primary endpoint in a Phase II clinical study in treating acute coronary syndrome. The stock will now be on watch, to see if it can break resistance at [...]

SLM CORPORATION (NYSE: SLM) is seeing a flurry of continued interest today.  In the first 27 minutes of trading, SLM traded 3.8 million shares compared to 12 million on average.  Shares are up almost 10% at $10.15 and the 52-week range is $3.11 to $20.49.  FBR raised the target to $16.00 from $13.00 based on [...]