Five Stocks Rising on Unusual Volume (KCI, RVBD, PNRA, TSTC, NIHD)
February 12, 2010 12:19 PM
Here is your hit list of stocks moving higher today on abnormal volume. The first stock to highlight is Panera Bread Company (Nasdaq: PNRA) which is seeing a 1.92% move higher on 723% average volume. This comes after the Panera chain raises its outlook for 2010.
Shares of Telestone Technologies Corp (Nasdaq: TSTC) are seeing a lift higher as well on financial reports being released after yesterday's close. Telestone Technologies is a Chinese based wireless communications firm and a play on China's growth. It's shares are trading up 3.35% on 265% normal volume.
Kinetic Concepts Inc (NYSE: KCI) are lifting to the upside by 1.35% to $39.25 on 252% times average volume. This company is involved with medical appliance and equipment manufacturing. Kinetic Concepts has a 52-week high of $42.03.
Another stock rising on 207% times average volume is Riverbed Technology, Inc. (Nasdaq: RVBD). Shares are climbing over 4% today after it filed its annual report today with the SEC. Riverbed Technology posted a new 52-week high today of $26.19 which means this company could really break out to the upside.
The last company rising on unusual volume is NII Holdings, Inc. (Nasdaq: NIHD). NII Holdings is trading 1.85% higher on 117% times unusual volume. It appears to be rising on news that it struck an accord with Mexico's regulators. Shares right now are trading at $35.75 with a P/E of 17.29.







