Saturday, December 4, 2010

Gainers on Unusual Volume

Shares of Walter Energy Inc. ( NYSE: WLT ) are seeing huge activity in today's trading. The stock touched a 52-week high of $111.67, and closed 4.66% higher at $110.52, with volume up from daily average of 1.87 million to 8.24 million. The Walter Energy stock has a 52-week range of $57.62-$111.67. Year-to-date, the stock is up 46.75%, outperforming the S&P 500. Walter Energy today extended its exclusivity agreement with Western Coal Corp. As per the agreement, the two companies are working exclusively with each other toward the negotiation of a definitive agreement to give effect to Walter's proposal for a possible business combination. Shares of Deckers Outdoor Corporation ( NASDAQ: DECK ) rallied in today's trading. The stock touched a 52-week high of $82.97 today, and closed 6.53% higher at $8.288, with volume up from daily average of 1.83 million to 4.46 million. The Deckers Outdoor stock has a 52-week range of $29.94-$82.97. Year-to-date, the stock is up an impressive 144.41%. Deckers Outdoor is a Goleta, California-based company, engaged in the designing, production, marketing and managing of footwear and accessories. The company is engaged in the sales of its products through domestic retailers and international distributors. Shares of SEACOR Holdings Inc. ( NYSE: CKH ) gained in today's trading. The stock touched a 52-week high of $113.56 and ended the day 0.37% higher at $112.30, with volume up from daily aveage of 220,761 to 473,178. The SEACOR stock has a 52-week range of $67.02-$113.56. Year-to-date, it is up 47.28%. Fort Lauderdale, Florida-based SEACOR Holdings is diversified company. The company is the owner and operator of marine and aviation assets mainly servicing the oil and gas, industrial aviation and marine transportation industries.
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