Volume Spike Investor

Biogen Idec Inc. (NASDAQ: BIIB) is down on active volume this morning after disclosing its 10th PML case with Tysabri for MS in patients.  Shares are down 5.8% at $47.17 on 1.1 million shares as of 9:49 AM EST.  This is over 1/3 of an entire day’s average volume in less than 20 minutes of [...]

SolarWinds, Inc. (NYSE: SWI) is gapping up over 3% this morning as the recent IPO’s quiet period by analysts has ended.  The analyst initiations look positive on the surface.  We have shares up 3.6% at $15.70 on almost 60,000 shares.  The volume sounds light, but these post-IPO stocks can start to see large swings based [...]

Novo Nordisk AS (NYSE: NVO) shares are down about 4% and have traded a session’s worth of average volume in the first hour of the session. The stock is trading in sympathy with Sanofi Aventis (NYSE: SNY). Both companies are manufacturers of long-acting insulin products for treatment of diabetes. The worry is that there may [...]

Motorola Inc. (MOT) shares are up only about 1%, but have seen strong volumes as of 10:15 a.m. Eastern. Market participants say the stock was added to the U.S. Focus List at Bank of America Merrill Lynch. Another reason for increased volumes, however, may be Palm Inc. (Nasdaq: PALM) beating earnings by 22 cents a [...]

Immunocor Inc. (Nasdaq: BLUD) shares are down about 27% near $11.83 at the market’s open, afer the company said the FDA plans to revoke the company’s biologics license with respect to its Reagent Red Blood Cells and Anti-E Blood Grouping Reagent product. The company has 10 working days to respond to the FDA’s administrative action [...]

Sanofi-Aventis (SNY) shares are down about 3% in active premarket trading just ahead of the open at 9:20 am. Eastern. The worry is that there may be negative headlines coming soon in a major medical journal that may show an increased cancer risk associated with its Lantus insulin treatment. As a result, Morgan Stanley and [...]

Agriculture stocks are seeing early premarket selling as of 9 a.m. Eastern, after Potash Corp. (NYSE: POT) cut its second-quarter earnings guidance citing lower prices for phosphate fertilizers and deferrals of purchases by farmers seeking to save costs. The company warned that its second-quarter earnings will be about 70 cents a share, down from expectations [...]

General Electric Co. (NYSE: GE) shares are up about 1% on above-average premarket volume as of 9 a.m. Eastern, after CEO Jeff Immelt appeared on the “Charlie Rose” talk show last night. On the show, Immelt said GE Capital is currently undervalued, and may be worth up to $20 billion. He also talked about opportunities [...]

Gold stocks are among the more active groups in premarket trading this morning, as spot prices for the metals rise for a fourth day in a row, and may be set to post a weekly gain for the first time this month. The rise in gold comes as the dollar index fell. One reason may [...]

Housing stocks may be active afer KB Home (NYSE: KBH) posted a smaller-than-expected loss, and the company said that it’s starting to signs that negative housing market trends may be moderating. The company said increasing consumer confidence is among the factors that says the market may be approaching stability. KB Home (NYSE: KBH) shares are [...]