Volume Spike Investor

Sigma Designs, Inc. (NASDAQ: SIGM) is trading lower after Collins-Stewart cut the rating to SELL from Hold.  At 8:40 AM EST we have shares down 8.4% at $11.30 after a $12.34 close on Tuesday.  So far we have only seen 13,395 shares traded in the pre-market, and average daily volume is over 700,000 shares.  The [...]

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) is trading up this morning but on volume that is lighter than expected.  Sanofi-Aventis has expanded its antibody research efforts with Regeneron.  The deal is said to be close to $1 billion all-in:  Sanofi-Aventis will increase its annual funding commitment from $100M to $160 million beginning in 2010, and the [...]

Palm Inc. (NASDAQ: PALM) is running this morning.  We saw a note that MKM Partners started it as neutral, but the real culprit looks to be a BofA Merrill Lynch call where it was reiterated Buy with $20 target ahead of new carrier launches in 2010.  At 8:25 AM EST we have seen almost 80,000 [...]

Cadence Pharmaceutical Inc. (NASDAQ: CADX) saw triple volume yesterday and should be active todat and tomorrow.  There is also a lot of options trading taking place  ahead of its 11/13 PDUFA Date for Acetavance as a treatment for acute pain. OptionsHawk.com said yesterday: “sees bearish risk reversals trade as November $12.50 calls are sold and [...]