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Trading Ideas
Posted on 02/09/10 at 3:30pm by Monica Gerson
American Commercial Lines Inc (NASDAQ: ACLI) shares jumped 26.24% to $20.40. The volume of ACLI shares traded was 756% higher than normal. ACLI’s Q4 profits beat the Street view.
Veeco Instruments Inc (NASDAQ: VECO) shares climbed 8.58% to $33.72. The volume of VECO shares traded was 315% higher than normal. VECO’s Q1 results exceeded the consensus expectations.
Sierra Wireless Inc (NASDAQ: SWIR) shares gained 6.36% to $11.88. The volume of SWIR shares traded was 230% higher than normal. RBC Capital Markets upgraded SWIR from “sector perform” to “outperform.”
Lincare Holdings Inc (NASDAQ: LNCR) shares rose 4.71% to $39.98. The volume of LNCR shares traded was 185% higher than normal. Following impressive Q4 results posted by LNCR, the company’s stock set 4-year highs.
Team Inc (NASDAQ: TISI) shares moved up 3.36% to $16.61. The volume of TISI shares traded was 182% higher than normal. TISI expects to take a charge for currency devaluation in Q3.
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