We have found the following stocks had unusual volume spikes on Wednesday, January 11, 2012.
Dendreon Corp. (NASDAQ:DNDN) had a 64.7% volume spike trading 24,632,804 shares. DNDN’s 30-day average volume is 8,700,940. Shares closed at $14.35 +11.85%. Dendreon Corporation is a biotechnology company focused on the discovery, development and commercialization of novel therapeutics that improve cancer treatment options for patients.
Kb Home (NYSE:KBH) had a 77.7% volume spike trading 22,744,576 shares. KBH’s 30-day average volume is 5,061,310. Shares closed at $8.62 +11.95%. KB Home constructs and sells homes through its operating divisions across the United States under the name KB Home. It operates homebuilding and financial services business serving homebuyers in markets nationwide.
Human Genome Sciences (NASDAQ:HGSI) had a 76.4% volume spike trading 21,465,256 shares. HGSI’s 30-day average volume is 5,055,390. Shares closed at $9.44 +17.56%. Human Genome Sciences, Inc. is a commercially focused biopharmaceutical company advancing toward the market with three products in late-stage clinical development.
Phh Corp (NYSE:PHH) had a 87.5% volume spike trading 17,055,056 shares. PHH’s 30-day average volume is 2,133,130. Shares closed at $10.70 +4.59%. PHH Corporation is an outsource provider of mortgage and fleet management services. It conducts its business through three operating segments: Mortgage Production, Mortgage Servicing and Fleet Management Services.
Yingli Green Energy Holding Company (NYSE:YGE) had a 87.7% volume spike trading 14,511,616 shares. YGE’s 30-day average volume is 1,786,250. Shares closed at $4.96 +20.39%. The Company and its subsidiaries are mainly engaged in the design, development, marketing, manufacturing and installation and sale of photovoltaic products in the People’s Republic of China and overseas markets.
Crocs (NASDAQ:CROX) had a 83.5% volume spike trading 13,518,665 shares. CROX’s 30-day average volume is 2,235,850. Shares closed at $18.56 +16.36%. Crocs, Inc. and its subsidiaries are engaged in the design, development, manufacturing, marketing and distribution of consumer products, mainly casual & athletic shoes & shoe charms, from specialty resins referred to as Croslite.
Trina Solar Limited (NYSE:TSL) had a 87.6% volume spike trading 12,759,148 shares. TSL’s 30-day average volume is 1,582,020. Shares closed at $9.43 +29.18%. Trina Solar Limited and its subsidiaries are mainly engaged in the manufacturing and selling of solar modules in the People’s Republic of China and overseas.
Textron Inc. (NYSE:TXT) had a 72.4% volume spike trading 12,127,435 shares. TXT’s 30-day average volume is 3,349,380. Shares closed at $21.32 +5.70%. Textron, Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative products and services around the world.
Idenix Pharmaceuticals (NASDAQ:IDIX) had a 81.6% volume spike trading 8,145,902 shares. IDIX’s 30-day average volume is 1,499,900. Shares closed at $13.06 +8.83%. Idenix Pharmaceuticals, Inc. is a biopharmaceutical company engaged in the discovery and development of drugs for the treatment of human viral diseases with operations in the United States and Europe.
Ldk Solar Co. Ltd (NYSE:LDK) had a 75.0% volume spike trading 7,469,399 shares. LDK’s 30-day average volume is 1,870,500. Shares closed at $5.52 +17.95%. LDK Solar Company, Ltd. is a solar module manufacturer. The Company sells multicrystalline and monocrystalline wafers globally to manufacturers of solar cells and modules.
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Post Written By: Alex Fredricks
Alex Fredricks has a degree in business and is an avid day-trader. Alex's experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.
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