NASDAQ Most Traded, November 30
Intel (NASDAQ: INTC) was the volume winner for a second trading day in a row. Like Friday, the stock only budged a little, but this time the direction was up – 0.6% to close higher at $19.22. Investors apparently remained cautious following a less-than-inspiring report on semiconductor sales.
Microsoft (NASDAQ: MSFT) also moved up narrowly, 17 cents to $29.39. The market still seems guardedly optimistic on the company, which continues to move aggressively into the web search segment.
Chinese agricultural specialist Origin Agritech (NASDAQ: SEED) remains the focus of intense trading following the Ministry of Agriculture’s effectively granting final approval for the company’s genetically modified phytase corn, a world first. Shares of SEED grew a robust $2.40, or nearly 22%, to end the day at $13.40.
Cisco (NASDAQ: CSCO) was up a miniscule 5 cents to end Monday at $23.43. The stock seemed to be affected by market sentiment concerning the above-mentioned semiconductor report.
Huntington Bancshares (NASDAQ: HBAN) added 23 cents to its share price, but that represented a 6.4% boost to $3.82. The stock is rebounding from its 4.5 month low, boosted by comments from the central bank of the United Arab Emirates, which somewhat reassured investors concerned about the fallout from Dubai’s debt crisis.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: Intraday Update Markets