Volume Spike Investor

We have taken a look at the movers up and down today and pulled out the key names we have seen on news with exponential trading volume.  We have also included the news and relative color on the trading day and offered a link to each where applicable.  Share prices as of a 12:25 PM [...]

LM Ericsson Telephone Co. (ERIC) is down almost 3% at $10.97 on over 100,000 shares as of 8:35 AM EST.  The stock was downgraded at BofA/ML and at Goldman Sachs.  The 52-week range is $7.62 to $11.33 and the average volume is over 6 million shares. CIT Group, Inc. (NYSE: CIT) is trading up despite [...]

Polycom Inc. (NASDAQ: PLCM) is trading sharply lower this morning.  The communications provider reported that third-quarter earnings fell by about 24% on lower sales.  The company pointed toward sequential revenue growth and a rise in orders. After more than doubling that was not good enough. Shares were down 5.2% at $25.00 on only 35,000 shares [...]

Options action is buzzing early on in a few Technology names that are being mentioned in takeover chatter.  Polycom, Inc. (NASDAQ: PLCM) October $30 calls are trading 4,600 contracts with shares at $27.80 on DealReporter speculation that HPQ and Dell have expressed interest and Polycom is asking a high price.  ValueClick Inc. (NASDAQ: VCLK), one [...]

Following are the Top 5 stocks to watch this morning, following earnings reports: Nokia (NYSE: NOK) shares are down 9% to $14.18 in early premarket trade. The company this morning met EPS expectations, but sales were lighter than consensus. The company expects industry mobile device shipments in Q3 to be at Q2 levels, or up [...]