Stock Market Alert - It was a story that we saw repeated often on Friday. Stocks that have been the focus of momentum trading traded down on Friday, as short-term traders and investors took profits ahead of the long Christmas weekend. GMKT was no different, trading down 3% to close the Friday session at $24.56. […]
Stock Market Alert - SIGA was one of the big winners in the stock market on Wednesday, trading up over 82% to close the regular session at $4.95 after the company announced that their smallpox drug had been granted orphan drug status. Volume was extremely heavy on the day, with over 16 million shares of […]
Stock Market Alert - After Tuesday’s major move higher, ESCL put in another strong session on Wednesday, trading up over 22% to close the regular session at $10.53. The company continued higher in the afterhours session, tacking on another 2.6%. The stock was up on Tuesday after a committee found that there had been no […]
Stock Market Alert - RBAK was one of the big winners in the stock market on Wednesday, trading up over 20% to close at $25.66 after the company announced that they were going to be purchased by ERIC for $2.1 billion dollars. Volume was extremely heavy as smaller investors cashed in their positions, as over […]
Stock Market Alert - Looks to be yet another strong day for ELOS on Thursday after Jim Cramer, host of the wildly successful investment show “Mad Money with Jim Cramer”, plugged the company on his Wednesday show. The stock, which had already put in a strong session on Wednesday, trading up almost 7%, tacked on […]
Stock Market Alert - The hottest stock around right now? MAMA. MAMA had yet another huge day on Wednesday, trading up over 33% to close the regular session at $7.31 as the stock continued to attract new momentum traders and buying interest. Volume was very heavy once again, with over 28 million shares of the […]
Stock Market Alert - ESCL was one of the big winners on Tuesday, trading up over 90% to close at $8.60 after the company announced that a committee reviewing transactions with its majority shareholder found no evidence of wrongdoing. This was a piece of news that had been dogging the company for months and months, […]
Stock Market Alert - GMKT was one of the big winners in the market on Tuesday, trading up over 14% to close the regular session at $23.47 after the company received a very favorable mention by Jim Cramer, host of the wildly successful investment show, “Mad Money with Jim Cramer.” Cramer profiled the company as […]
Stock Market Alert - RBAK looks to be one of the big winners in the stock market on Wednesday, after the company announced that it is being bought out by ERIC for $2.1 billion dollars. The deal, which was announced after the bell on Tuesday, calls for a purchase price of $2.1 billion dollars, or $25 […]
Stock Market Alert - NUAN had a strong day on Thursday, trading up over 6% to close the regular session at $11.65 after the company received some new analyst coverage from Citigroup. Citigroup initiated coverage of NUAN with a buy rating, with analyst Brent Thill saying that he likes NUAN’s large market share in numerous […]