Stocks With Unusual Volumes (RDN, LDK, LLNW)

Radian Group Inc. (NYSE:RDN) slid 0.23% to $8.80. The company announced today that it has priced an underwritten public offering of $400 million principal amount of Convertible Senior Notes due 2017. The underwriters have the option to purchase an additional $50 million principal amount of notes from the Company at the public offering price, less underwriting discounts and commissions, within 30 days, solely to cover over-allotments, if any. The offering is expected to close on November 15, 2010. The stock went up more than 20% year-to-date. LDK Solar Co., Ltd. (NYSE:LDK) went up 7.34% to $14.48 after it created its fresh 52-week high of $15.10. The company late Monday reported third-quarter net income of $93.4 million, or 72 cents per American Depositary share, up from $29.4 million, or 27 cents per ADS, in the same quarter last year. Revenue increased to $675.6 million from $281.9 million a year earlier. Analysts polled by FactSet Research had forecast earnings of 43 cents a share on revenue of $590.8 million. The company expects fourth-quarter revenue to come in at a range of $710 million to $750 million, which is above Wall Street’s estimate of $579.4 million. Limelight Networks, Inc. (NASDAQ:LLNW) rose 31.21% to $8.66. The company reported third quarter 2010 financial results. For the third quarter of 2010, the company reported revenue of $49.8 million, up 53 percent from the third quarter 2009 and up 18 percent sequentially. The stock made its new one-year high of $8.97.
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