Archive for October 12th, 2010

After Hitting 52-Week Low, Tongxin Plummets Pre-market

Chinese auto parts company Tongxin Internation Limited (NASDAQ: TXIC) hit a new 52-week high yesterday of $3.48 cents. This morning, it appears that this price won’t remain the 52-week low for long. At 8:26AM EDT, TXIC was trading at $3.12, down 58 cents (15.68%) from its close yesterday. At that time, the stock had traded 4,260 [...]

ActivIdentity Skyrockets On News Of Purchase

At 8:35 AM EST, ActivIdentity Corporation (NASDAQ: ACTI) is up 42.48% from $2.26 to $3.22.  The digital authentication and credential management company has also traded 786,400 shares alread, compared to their average of 145,205.  This increase in activity is the result with this morning’s announcement that the company will be bought out by the Swedish [...]