BRCD, TQNT, VVUS, KMX, SAY Had Unusual Volume
We have found the following stocks had unusual volume spikes on Wednesday, September 22, 2010.
Brocade Communications Systems (NASDAQ:BRCD) had a 77.9% volume spike trading 72,334,464 shares. BRCD’s 30-day average volume is 16,009,400. Shares closed at $6.26 +10.80%. The Company is a supplier of networking equipment, including end-to-end Internet Protocol based Ethernet networking solutions and storage area networking solutions for and service providers such as telecommunication firms, cable operators.
Triquint Semiconductor Inc (NASDAQ:TQNT) had a 81.0% volume spike trading 15,865,687 shares. TQNT’s 30-day average volume is 3,012,350. Shares closed at $8.76 +10.47%. The Company is a supplier of modules, components and foundry services to the communications companies.
Vivus Inc (NASDAQ:VVUS) had a 62.4% volume spike trading 10,094,277 shares. VVUS’s 30-day average volume is 3,791,680. Shares closed at $6.97 +3.41%. The company is engaged in the development and commercialization of therapeutic products for large underserved markets.
Carmax Inc (NYSE:KMX) had a 77.4% volume spike trading 9,537,789 shares. KMX’s 30-day average volume is 2,156,020. Shares closed at $26.16 +8.46%. CarMax, Inc. together with its wholly owned subsidiaries, is a retailer of used vehicles in the United States. It also sells new vehicles under franchise agreements with four new car manufacturers (Chrysler, General Motors, Nissan and Toyota).
Satyam Computer SERV (NYSE:SAY) had a 87.3% volume spike trading 7,414,370 shares. SAY’s 30-day average volume is 938,130. Shares closed at $6.61 +19.53%. The Company is a global IT solutions provider, which offers application development and maintenance services, consulting and enterprise business solutions, extended engineering solutions and infrastructure management services.
Origin Agritech Limited (NASDAQ:SEED) had a 87.8% volume spike trading 4,441,094 shares. SEED’s 30-day average volume is 542,535. Shares closed at $8.67 +14.23%. A technology-focused crop seed company serving mainland China.
UIL Hldgs CP (NYSE:UIL) had a 68.7% volume spike trading 3,018,148 shares. UIL’s 30-day average volume is 943,970. Shares closed at $27.20 +1.23%. The Company is engaged in the purchase, transmission, distribution and sale of electricity for residential, commercial and industrial purposes in a service area of about 335 square miles in the southwestern part of the State of Connecticut.
NATL FUEL GAS CO (NYSE:NFG) had a 84.2% volume spike trading 2,647,078 shares. NFG’s 30-day average volume is 418,935. Shares closed at $49.01 +6.87%. National Fuel Gas Company is an energy holding Company which operates its business in four segments, Utility, Pipeline and Storage, Exploration and Production and Energy Marketing.
Alexion Pharmaceuticals Inc (NASDAQ:ALXN) had a 77.2% volume spike trading 2,266,700 shares. ALXN’s 30-day average volume is 516,745. Shares closed at $62.97 +2.89%. Alexion Pharmaceuticals, Inc is engaged in the discovery, development and delivery of biologic therapeutic products and life-threatening disease states, including hematologic and neurologic diseases, transplant rejection, cancer and autoimmune disorders.
Force Protection Inc (NASDAQ:FRPT) had a 81.4% volume spike trading 2,208,000 shares. FRPT’s 30-day average volume is 411,470. Shares closed at $4.76 +13.33%. The company is in the business of providing survivability solutions to support armed forces and security personnel in harm’s way.
