BOOM Exploding A Little Here (BOOM)
Dynamic Materials Corporation (NASDAQ: BOOM) is dropping sharply on higher than normal volume.
At last check, shares of BOOM were off 66 cents to $22.99, a drop of nearly 3%.
This is interesting, as it comes on much higher than normal volume. The average daily volume in the name is around 130,000 shares, and it's already traded 150,000 shares, with around two hours left to the trading day.
Dynamic Corporation provides explosion-welded clad metal plates and welding services worldwide. The company operates through three segments: Explosive Metalworking, Oilfield Products, and AMK Welding.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted in: Movers