Three Stocks Rising On Strong Volume (NFLX, CIT, TKR)
Shares of Netflix (NASDAQ: NFLX), CIT Group (NYSE: CIT) and The Timken Company (NYSE: TKR) are all rising today on strong volume.
Netflix is up $4.03 or 3.19% to $130.50 on continued technical strength int he stock. Earlier in the week, Netflix announced a deal with Epix to expand its library.
CIT Group is at $37.26, up 72 cents or 1.96% after the commercial finance company refinanced $3 billion worth of debt yesterday.
The Timken Company is trading at $34.07, up 68 cents on more than its daily volume, indicating strong buying interest in the steel company. Earlier, it announced it would invest $50 million in its Ohio steel operations.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We're Loving
