We have found the following stocks had unusual volume spikes on Tuesday, February 21, 2012.
Frontier Communications Company (NASDAQ:FTR) had a 66.3% volume spike trading 76,532,008 shares. FTR’s 30-day average volume is 25,825,800. Shares closed at $4.78 +7.17%. Frontier Communications Corporation is a communication company, which provides services to rural areas and small and medium-sized towns and cities.
Fusion-io Inc. (NYSE:FIO) had a 76.5% volume spike trading 13,142,968 shares. FIO’s 30-day average volume is 3,094,080. Shares closed at $28.30 +11.59%. Fusion-io, Inc. is a provider of data-centric computing solutions – a combination of hardware and software that places data closer to processing, resulting in dramatic improvements in both performance and efficiency.
Vivus (NASDAQ:VVUS) had a 85.5% volume spike trading 12,572,996 shares. VVUS’s 30-day average volume is 1,820,750. Shares closed at $11.99 +7.25%. VIVUS, Inc. is engaged in the development and commercialization of therapeutic products for large underserved markets.
Nisource Inc (NYSE:NI) had a 78.0% volume spike trading 12,486,945 shares. NI’s 30-day average volume is 2,750,050. Shares closed at $23.79 +2.99%. NiSource, Inc. is an energy holding company, whose subsidiaries provide natural gas, electricity and other products and services to customers located within a corridor that runs from the Gulf Coast through the Midwest to New England.
Sunpower Corp. (NASDAQ:SPWR) had a 86.3% volume spike trading 7,333,422 shares. SPWR’s 30-day average volume is 1,006,340. Shares closed at $8.13 +8.69%. SunPower Corp. is a vertically integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.
Delphi Automotive Plc (NYSE:DLPH) had a 63.9% volume spike trading 4,487,400 shares. DLPH’s 30-day average volume is 1,618,920. Shares closed at $31.29 +3.20%. Delphi Automotive PLC is a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets.
Royale Energy (NASDAQ:ROYL) had a 88.6% volume spike trading 3,160,915 shares. ROYL’s 30-day average volume is 360,142. Shares closed at $5.58 +13.18%. Royale Energy, Inc. is an independent oil and natural gas producer. It is engaged in the production and sale of natural gas, acquisition of oil and gas lease interests and proved reserves, and drilling of both exploratory and development wells.
Demand Media Inc. (NYSE:DMD) had a 90.7% volume spike trading 2,834,100 shares. DMD’s 30-day average volume is 264,238. Shares closed at $7.76 +30.64%.
J.M. Smucker Company (NYSE:SJM) had a 82.8% volume spike trading 2,796,824 shares. SJM’s 30-day average volume is 480,319. Shares closed at $73.07 +2.05%. The J. M. Smucker Company is engaged in the manufacturing and marketing of branded food products on a worldwide basis.
Cabela’s Inc (NYSE:CAB) had a 80.9% volume spike trading 2,028,300 shares. CAB’s 30-day average volume is 387,019. Shares closed at $33.42 +3.44%. Cabela’s, Inc. is a specialty retailer, and a direct marketer, of hunting, fishing, camping, and related outdoor merchandise.
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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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