TiVo Surges 5% (TIVO)

TiVo (NASDAQ: TIVO) has been a tremendous day trade on Friday. The stock actually fell early in the session, but once it retook positive territory it was off to the races. Currently, the shares are nearly 5% higher at $9.18. This is always a good name for short-term traders to keep an eye on for possible opportunity.

A federal circuit court is expected to release its decision regarding a critical patent infringement case between TiVo, Echostar (NASDAQ: SATS) and Dish Network (NASDAQ: DISH) at any time now, and this has led to increased volatility in the shares.