Volume Spike Investor

eBay Inc. (NASDAQ: EBAY) ex-Skype figures were up 18% and the company beat estimates and raised guidance.  Frankly, after a 125% gain the guidance did not seem strong enough to justify this move, but the market is always stronger than one voice or one opinion.  Shares are up 8.8% at $24.20 on 1.47 million shares. [...]

Seagate Technology (NASDAQ: STX) is cruising higher after it raised guidance.  The drive and storage systems maker followed Western Digital (NYSE: WDC).  It now sees Q1 revenue to be at or slightly above the high end of its original guidance range of $2.4 to $2.6 billion versus Thomson Reuters consensus estimate of $2.54 billion. Shares [...]

Seagate Technology (NYSE: STX) tanked after earnings, although poor guidance was the true culprit.  We’ve seen over 465,000 shares trade as of 5:30 PM EST and shares are down over 8.6% at $15.50 in after-hours.  That’s also going to act as a 52-week low if that hold. Western Digital Corp. (NYSE: WDC) is the key [...]