Wilmington Volume Spike Surge (WL)

Posted in General 
October 22nd, 2010

Wilmington Trust Corporation (NYSE: WL) is surging today on talk of it having discussions with banks in Canada.  Shares were halted briefly on a spike higher, and after reopening the stock is up 13% at $9.15 on more than 4 million shares at 2:38 PM EST.

Average volume is 1.4 million shares and the 52-week trading range is $7.26 to $20.23.  Yesterday’s close was at $8.07.

UPDATE 4:25 PM EST: Shares closed up 8.55% at $8.76 on more than 12 million shares.

JON C. OGG

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