Volume Spike Investor

Immunomedics Inc. (NASDAQ: IMMU) and UCB have announced this morning that results from UCB’s phase IIb clinical study comparing epratuzumab to placebo in patients with systemic lupus erythematosus which demonstrated clinical meaningful treatment effect…. The 227 patients in this study had moderately (30%) to severely (70%) active disease in multiple organ systems. The primary efficacy [...]

Human Genome Sciences Inc. (HGSI) is getting clipped in early trading but volume is still rather light. This one has risen sharply in recent days that its Lupus drug partner GSK was interested in buying the company outright. There has not been a total rebuff or denial, but these reports seem to be getting dismissed [...]

We are seeing many unusual winners and losers today on exponential trading volume gains.  Five of the more unusual movers on strong volume as of 3:20 PM EST today are as follows: Eastman Kodak Co. (NYSE: EK), The Hain Celestial Group, Inc. (NASDAQ: HAIN), Human Genome Sciences Inc. (NASDAQ: HGSI), SIRIUS XM Radio Inc. (NASDAQ: [...]

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is still active but is also petering out from the gains over the last week.  We are still awaiting the ‘product announcement’ from the company.  At 9:01 AM EST we have seen some 700,000 shares trade hands.  We have a drop of about 0.6% at $0.691… Prior Hi/Low and [...]

LDK Solar Co., Ltd. (NYSE: LDK) is up big on news out of China.  LDK has entered into an agreement with Yancheng City of Jiangsu Province to development PV power projects and it will develop a number of PV power projects, including PV ground-power stations and roof and building integration systems totaling up to 500 [...]

Myriad Genetics Inc. (NASDAQ: MYGN) is rising sharply this morning after earnings, or technically after it reported a smaller than forecast drop in profit. So far we have seen one upgrade: Canaccord raised its rating to BUY from HOLD.  At 8:55 AM EST we have seen some 156,000 shares trade hands and the stock is [...]

Human Genome Sciences Inc. (NYSE: HGSI) is trading up yet again, and on the same news… or at least the same takeover hopes.  At 8:48 AM EST we have seen shares up yet another 11% to multi-year highs yet again of $21.40… The 52-week range is $0.35 to $19.98.  The volume is now over 800,000 [...]

Capstone Turbine Corporation (NASDAQ: CPST) is surging to recent highs.  At 8:43 AM EST we have shares up 10.2% at $1.41 on over 700,000 shares after it named Industrias Energeticas as its newest distributor in Mexico.  It also received an order for four C30 C1D2 microturbine systems for offshore oil platforms in the Gulf of [...]

TerreStar Corporation (NASDAQ: TSTR) is catching a bid on active volume this morning, yet no news has been seen.  We have shares up 6.5% at $1.30 on over 50,000 shares as of 8:30 AM EST.  Average volume is 1.6 million shares and the ultimate trading direction is still up in the air for the day. [...]

Williams-Sonoma Inc. (NYSE: WSM) is up sharply after beating earnings and managing to raise guidance.  The retailer of home and kitchen items reported earnings of $0.05 EPS, which is $0.14 better than the Thomson Reuters estimate of -$0.09 EPS.  It isn’t all pretty here, as revenues fell 18% from this time last year to $672.1 [...]