Volume Spike Investor

Tiffany & Co. (NYSE: TIF) is not just seeing an unusual trading pattern in the options, it is outlandish…. The September 2009 $29.00 PUTS Were at $2.05 on last trade and the market was $1.95 X $2.05.  There have now been 30,769 contracts traded, yet the open interest is listed as only 356 contracts.  On [...]

Sepracor Inc. (Nasdaq: SEPR) shares are up 6 percent to $16.82 in premarket trading of more than 50,000 shares. The company announced second-quarter earnings of 72 cents a share, which was 33 cents above analyst expectations. Revenues rose 10.9% from the year-ago period to $326.2 million, vs. analyst expectations of $280 million. The company raised [...]

LM Ericsson Telephone Co. (Nasdaq: ERIC) shares are down 7 percent to $9.65 with more than 300,000 shares traded as of 8:15 a.m. The company posted EPS of 26 kronor per share, vs. analyst expectations of 84 kronor per share. Network sales fell year-over-year currency adjusted, reflecting a weaker the market environment. — Mike Tarsala

Rigel Pharmaceutical Inc. (Nasdaq: RIGL) shares are down 24 percent to $8.75, with more than 100,000 premarket shares changing hands as of 8:15 a.m. Eastern. The company said its Phase IIb trial of its R788 candidate for treating rheumatoid arthritis did not meet efficacy endpoints in RA patients who had previously failed biologic therapies.  – [...]

Juniper Networks Inc. (Nasdaq: JNPR) shares are down more than 4 percent to $25.42 in early premarket trading of about 9,200 shares as of 8 a.m. Eastern. The stock had been one of the most active in the after-hours session, after its earnings conference call. The company posted EPS of 19 cents a share, a [...]

SunPower Corp. (Nasdaq: SPWR) shares rose 16 percent to $29 as one of the most active stocks in Thursday’s after-hours session. The company posted second-quarter EPS of 24 cents a share, or 10 cents above expectations. It issued upside guidance of $1.15 to $1.60 a share or fiscal 2009, vs. 96 cents consensus. — Mike [...]

Align Technology Inc. (Nasdaq: ALGN) shares rose 17 percent to $1.11 on active after-hours volume of more than 44,000 shares. The dental products company reported second-quarter EPS of 7 cents a share, or 6 cents better than expectations. It guided third-quarter EPS in a range of 3 to 5 cents a share, above analyst expectations [...]

Amazon.com Inc. (Nasdaq: AMZN) shares are down nearly 6 percent to $88.29 in early premarket trading of fewer than 10,000 shares as of 8 a.m. Eastern. The stock was one of the most active issues after hours. It reported in-line EPS of 32 cents a share, with revenue of $4.65 billion, slightly below expectations of [...]

Microsoft Corp. (Nasdaq: MSFT) shares fell more than 6 percent to $23.80 after hours, on very high active-hours volume of more than 14 million shares. The software maker reported in-line earnings 36 cents a share, but lower-than-expected revenue that fell 17.3% to $13.1 billion from year-ago results. Analysts had been expecting revenue of $14.4 billion. [...]