NOVL, CLU, PIR, OREX, GME Had Unusual Volume
We have found the following stocks had unusual volume spikes on Thursday, September 16, 2010.
Novell Inc (NASDAQ:NOVL) had a 83.3% volume spike trading 18,490,748 shares. NOVL’s 30-day average volume is 3,093,040. Shares closed at $6.05 +2.54%. Novell, Inc. develops, sells and installs enterprise-quality software that is positioned in the operating systems and infrastructure software layers of the information technology (IT) industry.
Cellu Tissue Holdings Inc (NYSE:CLU) had a 99.7% volume spike trading 15,727,400 shares. CLU’s 30-day average volume is 40,870. Shares closed at $11.87 +49.68%. Cellu Tissue Holdings is a North American producer of tissue products.
PIER ONE Inc (NYSE:PIR) had a 77.2% volume spike trading 13,141,572 shares. PIR’s 30-day average volume is 2,994,640. Shares closed at $8.48 +6.53%. 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 89.0% volume spike trading 11,934,562 shares. OREX’s 30-day average volume is 1,314,090. Shares closed at $6.77 +38.16%. A biopharmaceutical company focused on the development of pharmaceutical product candidates for the treatment of obesity.
Gamestop Corp (NYSE:GME) had a 70.3% volume spike trading 11,144,213 shares. GME’s 30-day average volume is 3,307,600. Shares closed at $19.40 +4.36%. Gamestop Corporation operates as a retailer of video game products and PC entertainment software. It sells new and used video game hardware, video game software and accessories, PC entertainment software, and related accessories.
Savient Pharmaceuticals Inc (NASDAQ:SVNT) had a 72.2% volume spike trading 9,004,471 shares. SVNT’s 30-day average volume is 2,500,830. Shares closed at $20.27 +1.45%. The Company and its subsidiaries are focused on developing and marketing pharmaceutical products that target unmet medical needs in both niche and broader specialty markets. It is currently developing one product: KRYSTEXXA(tm).
FUQI International Inc (NASDAQ:FUQI) had a 86.2% volume spike trading 6,069,397 shares. FUQI’s 30-day average volume is 839,195. Shares closed at $7.07 +15.15%. The company is a designer of precious metal jewelry in China, developing, promoting, and selling a range of products to the luxury goods market in China.
SINA Corp (NASDAQ:SINA) had a 81.0% volume spike trading 4,549,319 shares. SINA’s 30-day average volume is 866,090. Shares closed at $50.30 +9.56%. An online media company and mobile value-added information service provider in the People’s Republic of China and the global Chinese communities.
Occam Networks Inc (NASDAQ:OCNW) had a 96.5% volume spike trading 3,091,666 shares. OCNW’s 30-day average volume is 108,595. Shares closed at $7.19 +35.92%. The company develops, markets and supports innovative broadband access products designed to enable telecom service providers to offer, voice, video and data services over both copper and fiber optic networks.
Illumina Inc (NASDAQ:ILMN) had a 68.6% volume spike trading 2,923,002 shares. ILMN’s 30-day average volume is 917,810. Shares closed at $48.95 +4.19%. The company is developer, manufacturer and marketer of integrated systems for the large scale analysis of genetic variation and biological function.
