BKC, BRCD, PAR, MPEL, WEN Had Unusual Volume
We have found the following stocks had unusual volume spikes on Thursday, September 02, 2010.
Burger KING Holdings (NYSE:BKC) had a 99.0% volume spike trading 89,980,952 shares. BKC’s 30-day average volume is 880,780. Shares closed at $23.59 +25.08%. Burger King Holdings, Inc. franchises and operates fast food hamburger restaurants under the category of the quick service restaurant and segment of the restaurant industry.
Brocade Communications Systems (NASDAQ:BRCD) had a 71.5% volume spike trading 35,758,792 shares. BRCD’s 30-day average volume is 10,185,800. Shares closed at $5.60 +7.90%. 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.
3PAR Inc (NYSE:PAR) had a 87.7% volume spike trading 29,750,312 shares. PAR’s 30-day average volume is 3,664,660. Shares closed at $32.88 +2.49%. 3PAR Inc. is a global provider of utility storage solutions for mid-sized to large enterprises, financial services firms, cloud computing service providers, consumer-oriented Internet/Web 2.0 companies, and government entities.
Melco Crown Entertainment Limit (NASDAQ:MPEL) had a 66.8% volume spike trading 13,506,403 shares. MPEL’s 30-day average volume is 4,488,000. Shares closed at $4.41 +12.79%. Melco Crown Entertainment, Ltd. is a holding Company, which through its subsidiaries, develops, owns and operates casino gaming and entertainment resort facilities focused on the Macau market.
Wendys/arby`s GRP (NYSE:WEN) had a 66.8% volume spike trading 11,452,085 shares. WEN’s 30-day average volume is 3,802,900. Shares closed at $4.40 +6.80%. Wendy’s Arby’s Group Inc. is a quick service restaurant company, which is comprised of the Wendy’s and Arby’s brands, two companies distinguished by traditions of quality food and service.
PIER ONE Inc (NYSE:PIR) had a 73.1% volume spike trading 8,513,300 shares. PIR’s 30-day average volume is 2,289,410. Shares closed at $7.65 +16.97%. Pier 1 Imports, Inc. is a global importer and operates as a specialty retailer of imported decorative home furnishings and gifts in the North America.
Orexigen Therapeutics Inc (NASDAQ:OREX) had a 83.3% volume spike trading 8,316,768 shares. OREX’s 30-day average volume is 1,390,770. Shares closed at $5.43 +18.30%. A biopharmaceutical company focused on the development of pharmaceutical product candidates for the treatment of obesity.
Compellent TECH Inc (NYSE:CML) had a 85.3% volume spike trading 3,211,901 shares. CML’s 30-day average volume is 470,690. Shares closed at $17.80 +18.59%. The Company is a provider of enterprise-class network storage solutions.
Sycamore Networks Inc (NASDAQ:SCMR) had a 86.2% volume spike trading 2,584,618 shares. SCMR’s 30-day average volume is 355,833. Shares closed at $26.90 +21.06%. The Company develops and markets Intelligent Bandwidth Management solutions for fixed line and mobile network operators worldwide and provides services associated with such products.
MIPS Technologies Inc (NASDAQ:MIPS) had a 72.8% volume spike trading 2,111,500 shares. MIPS’s 30-day average volume is 574,000. Shares closed at $7.43 +5.39%. The Company is a provider of industry-standard processor architectures and cores that power some of the world’s most popular home entertainment, communications, networking and portable multimedia products.
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