Friday, November 5, 2010

Nasdaq 3 Most Active Stocks (SNDK, NVDA, MU)

SanDisk Corporation (NASDAQ: SNDK) shares climbing in today's trading on huge volume. Shares were up 2.35% to $41.30, at last check, on volume of 9.94 million. The stock touched an intra-day high of $42.44 today. It has a 52-week range of $19.18-$50.55. Recently, the company reported third quarter of 2010 financial results, with net revenues of $1.23 billion, representing 32% growth as compared to previous year. The net income stood at $322 million, or $1.34 per diluted share, compared to previous year. The company will continue its focus on diversified channels, including inroads for its embedded storage products in smartphones, tablet PC's and other mobile devices for 2011. SanDisk is engaged in designing, developing and manufacturing data storage solutions in a range of form factors using the flash memory, controller and firmware technologies. NVIDIA Corporation (NASDAQ: NVDA) shares seeing huge activity in today's trading. Shares were up 1.45% to $12.58, at last check, on volume of 12.60 million. The stock touched an intra-day high of $12.72. It has a 52-week range of $8.65-$18.96. Recently, the company announced that it will release its financial results for the third quarter of fiscal year 2011, ending Oct. 31, 2010 on Thursday, November 11, 2010. NVIDIA is a provider of visual computing technologies and the inventor of the graphics processing unit. Micron Technology Inc. (NASDAQ: MU) shares are up in today's trading. Shares were up 1.53% to $8.69, at last check, on volume of 17.33 million. The stock touched an intra-day high of $8.78 today. It has a 52-week range of $6.36-$11.40. Yesterday, the company announced its separate privately negotiated purchase and exchange agreements under which it will repurchase $91 million in principal amount of its 4.25% Convertible Senior Notes due 2013 and $176 million in principal amount of its 1.875% Convertible Senior Notes due 2014 and exchange $175 million of the existing 1.875% Notes for $175 million in aggregate principal amount of new 1.875% Convertible Senior Notes due 2027. Micron Technology is a global manufacturer and marketer of semiconductor devices, principally dynamic random access memory and Nandi Flash memory. 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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