Well, if you owned Vonage on Thursday, and a lot of you did, you got your "just" rewards as the stock turned out to be a best performer. It gained 10.82% by Thursday's close. Vonage has been on the most active and widely held lists for some time now. This it's first appearance as a best performer. A couple of newer names showed up on the most active--HALO,ALU and MNKD. Here ya go:
Best performing trades by % gain from Wednesday's close to Thursday's close:
Force Protection : If you bought on Wednesday at $23.25 and held/sold on Thursday with a close of $26.67, the contestant gained 14.71% on the trade--up on news that the Army plans to boost its order for next-generation armored vehicles.
Vonage: If you bought on Wednesday at $3.05 and held/sold on Thursday with a close of $3.38, the contestant gained 10.82% on the trade--up on narrowing its Q1 loss and guidance stating that the company has developed the means to "get around" the Verizon patents and the CEO stated that the end of a "difficult period" is in sight.
Worst performing trades by % loss from Wednesday's close to Thursday's close:
Ralcorp Holdings : If you bought on Wednesday at $68 and held/sold on Thursday with a close of $54.87, the contestant lost 13.13% on the trade--down on weak earnings.
Knot: If you bought on Wednesday at $22.43 and held/sold on Thursday with a close of $54.87, the contestant lost 19.15% on the trade--down on weak earnings.
Most actives as of the close on 5/10:
Sirius: on 3 times the volume of any of the other actives at 3,035,879,280.
Revlon
Vonage Holdings
Golden Star Resources
Halozyme Therapeutics
CMGI
Conexant Systems
Alcatel Lucent
MannKind
Six Flags Inc.
Widely helds as of the close on 5/10:
Sirius: 5,605,863,872 shares held, up from the previous day.
Revlon: 4,495,047,306 shares held, up from the previous day.
CMGI: 4,255,182,771 shares held, up from the previous day.
Conexant: 3,744,532,664 shares held, up from the previous day.
Vonage: 3,199,163,644 shares held, down from the previous day.
Crystallex International Corp.: 1,850,782,585 shares held, up from the previous day.
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