NI, GGC, ROVI, IDIX, SAP Had Unusual Volume



We have found the following stocks had unusual volume spikes on Friday, January 13, 2012.

Nisource Inc (NYSE:NI) had a 76.4% volume spike trading 10,907,732 shares. NI’s 30-day average volume is 2,576,280. Shares closed at $23.16 +2.80%. 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.

Georgia Gulf Corp. (NYSE:GGC) had a 94.9% volume spike trading 8,250,669 shares. GGC’s 30-day average volume is 420,405. Shares closed at $32.93 +34.52%. Georgia Gulf Corporation is a North American manufacturer and international marketer of two integrated chemical product lines, chlorovinyls and aromatics.

Rovi Corp. (NASDAQ:ROVI) had a 74.3% volume spike trading 6,495,514 shares. ROVI’s 30-day average volume is 1,672,510. Shares closed at $30.39 +10.47%. Rovi Corp focuses on powering the discovery and enjoyment of digital entertainment by providing a broad set of integrated solutions.

Idenix Pharmaceuticals (NASDAQ:IDIX) had a 64.9% volume spike trading 6,533,248 shares. IDIX’s 30-day average volume is 2,290,500. Shares closed at $14.42 +13.45%. 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.

Sap Ag (NYSE:SAP) had a 64.0% volume spike trading 5,496,890 shares. SAP’s 30-day average volume is 1,979,250. Shares closed at $54.56 +2.46%. SAP AG is engaged in selling licenses for software solutions and related support services. In addition, it offers consulting, training and other services for its software solutions.

Nektar Therapeutics (NASDAQ:NKTR) had a 73.5% volume spike trading 4,384,759 shares. NKTR’s 30-day average volume is 1,161,670. Shares closed at $6.72 +6.84%. Nektar Therapeutics, Inc. develops a pipeline of drug candidates that utilize its PE Gylation and polymer conjugate technology platforms, which are designed to meet unmet medical needs and improve the benefits of drugs for patients.

Achillion Pharmaceuticals (NASDAQ:ACHN) had a 65.4% volume spike trading 3,986,245 shares. ACHN’s 30-day average volume is 1,379,440. Shares closed at $12.37 +5.19%. Achillion Pharmaceuticals, Inc. is a biopharmaceutical Company which focuses on the discovery, development and commercialization of innovative treatments for infectious diseases.

Westlake Chemical Corp. (NYSE:WLK) had a 87.7% volume spike trading 2,287,655 shares. WLK’s 30-day average volume is 281,957. Shares closed at $53.87 +5.13%. Westlake Chemical Corp. operates as a manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated products.

Bankunited (NYSE:BKU) had a 93.3% volume spike trading 2,152,400 shares. BKU’s 30-day average volume is 145,136. Shares closed at $24.48 +5.75%. BankUnited, Inc. is a savings and loan holding company, which through two subsidiaries: BankUnited & BankUnited Investment Services, Inc. provides depository services & wealth management products and financial planning services.

Governor And Company Of The Bank Of Ireland (NYSE:IRE) had a 79.9% volume spike trading 1,741,601 shares. IRE’s 30-day average volume is 350,368. Shares closed at $5.05 +3.48%. Bank of Ireland (Gov & Co) provides banking and other financial services.

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Alex Fredricks
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.


Alex Fredricks

About 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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