Archives

Archive for October, 2005

Stock Market Alert: LVLT Drops

Stock Market Alert: LVLT dropped steadily this week, opening the week at about $5.80 and closing the week at $5.20. This follows a very strong week for LVLT, where the stock moved higher following the announcement of a deal with Broadwing. Volume was fairly light (relatively speaking) on Friday, with 25 million shares of the […]

Stock Market Alert: VRTX Up on Drug News

Stock Market Alert: VRTX surged on Friday, trading up over 6 points to close at $40.66 after the company announced that its treatment for Hepatitis C reduced the virus to undetectable levels in a majority of patients in early-stage clinical trials. Volume surged on the news, with over 14 million shares of the stock changing […]

Stock Market Alert: RHAT Tries to Reverse the Momentum

Stock Market Alert: RHAT tried to reverse the downwards pressure it has been under as of late on Friday, announcing a $325 million dollar stock and debt buyback. The news came one day after ORCL announced that they would be actively competing with RHAT by offering half-priced service agreements in a move to actively gain […]

Stock Market Alert: CHTR Up on Q3 Profit

Stock Market Alert: CHTR rose 12% on Thursday after strong earnings from CMCSA sent the entire sector higher. Volume was extremely heavy on the day for CHTR, as the stock moved over 57 million shares, compared to a normal daily average volume of 10 million shares traded. The stock set a new 52 week high […]

Stock Market Alert: JDO Continues Its Volatility

Stock Market Alert: JDO continued its volatility on Tuesday, trading down almost 12% to close the regular session at $5.68. Volume was heavy once again, with 1.6 million shares of the stock changing hands, compared to a normal daily average volume of just over 300k shares. The stock has been on a rollercoaster ride ever […]

Stock Market Alert: GOOG Races Higher

Stock Market Alert: GOOG had a very strong day on Friday, trading up over 2% in heavy Friday trading (7.3 million shares traded versus normal daily average of 5.6 million shares) after rumors leaked about GOOG’s possible acquisition of Youtube.com. This acquisition, which would likely cost GOOG upwards of $1.5 billion dollars, would give the […]