Volume Spike Investor

Yahoo! Inc. (NASDAQ: YHOO) is trading up in the pre-market hours and reflecting some of the same of what we saw in the after-hours trading last night.  The stock closed at $17.17 and is up about 5% at $18.04 on 804,195 shares as of 8:41 AM EST.  Last night we saw shares go out in the after-hours session at the same $18.04 on some 9,109,533 shares.  Average volume here is over 32 million shares, and we’d expect that level to be hit by noon.  Be advised, this is technically a 52-week high at anything above the $17.94 price despite the $30+ price two years ago.

JON C. OGG