Review of Eastman Kodak Trading (EK)
Earlier today at 247wallst.com, we had discussed the great mystery options trading in Eastman Kodak Co. (NYSE: EK). It turns out that the volume picked up some additional notice, because the share volume in common stock caught up as well. The stock just closed at $4.93 on 13.1 million shares, versus an average volume of [...]
Downgrade Clips Affymetrix (AFFX)
Affymetrix Inc. (NASDAQ: AFFX) is getting clipped hard, but on news from inside the company. Barclays cut its rating to Underweight from Equalweight. The stock is down 14% at $5.52 this morning but on less than 10,000 shares as of 8:29 AM EST. The average volume here is 1.2 million shares and the 52-week trading [...]
TriQuint Guidance Surge (TQNT)
TriQuint Semiconductor, Inc. (NASDAQ: TQNT) is trading higher this morning after the chip company raised its earnings guidance. The stock closed at $5.82 yesterday and is trading up 3.95% at $6.05 on some 48,300 shares as of 8:24 AM EST. TriQuint has an average daily volume of over 3.9 million shares and the 52-week trading [...]
Trophy Hunters Chase MDRNA (MRNA)
MDRNA, Inc. (NASDAQ: MRNA) is flying this morning. The stock has traded 1.6 million shares as of 8:20 AM EST and the stock is up 78% at $1.69 this morning. Traders are chasing biotechs on news still as the average volume for a whole day is only 461,000 shares and the 52-week trading range is [...]
National Bank of Greece Watch (NBG)
National Bank of Greece SA (NYSE: NBG) may already have the ongoing news priced in and it may not. This is the largest of the Greek banks with a US ADR and is highlighted after the EU has warned Greece that its government financial data is falsified and the budget deficit may be worse than [...]
Google Money Risk in China (GOOG)
Google Inc. (NASDAQ: GOOG) is getting clipped this morning after yesterday’s news that it may exit China permanently. The stock is down over $10, or 1.7% at $580.28, but so far only on 30,000 shares. The 52-week range is $282.75 to $629.51 and average volume is over 2.6 million shares. The options with high open [...]
Baidu Wins on Google Exit (BIDU)
Baidu. Inc. (NASDAQ:BIDU) is soaring this morning after yesterday’s announcement that Google Inc. (NASDAQ: GOOG) is pulling out of China. This would effectively leave Baidu with more than just the lion share of online web search and advertising revenues in China. Baidu closed at $386.49 yesterday, but shares are up 14.6% at $443.00 on over [...]
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