Thursday, October 28, 2010

Nasdaq 3 Most Active Stocks (CMCSA, OCLR, ENTR)

Comcast Corporation (NASDAQ: CMCSA) shares are seeing huge activity today. Shares were up 3.03% to $20.89, at last check, on above average volume of 28.34 million. The stock touched a 52-week high pf $20.95 today. The stock has a 52-week range of $13.95-$20.95. Yesterday, the company announced its third-quarter 2010 results, with revenues at $9.5 billion, a 7.3% increase as compared to $8.8 billion in previous year. This growth was due to solid operating results in the cable and programming segments. The earnings per share stood at $0.31, a 6.1% decrease from the $0.33 reported in the previous year. Oclaro Inc. (NASDAQ: OCLR) shares plunged in today's trading after the company announced its first quarter financial results. Shares were down 37.21% to $8.57, at last check, on above average volume of 13.45 million. The stock touched an intra-day low of $8.25 today. The stock has a 52-week range of $2.58-$17.45. Yesterday, the company announced its results for first quarter fiscal 2011, with revenues at $121.3 million, as compared to $112.7 million in previous year. The net income reported was $0.4 million, as compared to $10.6 million in previous year. Entropic Communications Inc. (NASDAQ: ENTR) shares dropped after the company reported its third-quarter financial results. Shares were down 9.32% to $8.17, at last check, on above average volume of 14.89 million. The stock touched an intra-day low of $7.86. The stock has a 52-week range of $.232-$10.35. Yesterday, the company reported its third quarter results, with net revenues of $61.3 million, an increase of 98% compared to $31.0 million in the previous quarter. The net income reported was $11.3 million, or $0.15 per share. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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