Tuesday IP Market Cap: Tanzanian Bedeviled

XCSFDHG46767FHJHJF

tdp2664 InvestorPlace If you’ve heard about the buzz surrounding Tanzanian Royalty Exploration (AMEX: TRX ), be a pal — let the company know. The $334 million market-cap precious metals exploration and royalty company sent out a release Tuesday reporting there was “no particular event other than a technical market situation that can explain the recent trading action in the Company’s shares.” The “recent trading action” in question was a roughly 6.3 million share movement during Tuesday trading — or about 15 times its average volume. The stock finished down 14% to land at $3.54 per share, dealing TRX a blow and proving that no news isn’t necessarily better than bad news. At least not with “technical market situation” on the prowl. A couple stocks (that aren’t miles off the radar) on the move Tuesday included Sears ( NASDAQ : SHLD ), which bumped up 6.5% to $57.51 on news the company was opening up leasing of its real estate holdings at 3,700-plus locations, and Research In Motion ( NASDAQ : RIMM ), up 4.5% to $22.65, near a five-day high, amid speculation that investor Carl Icahn had taken a stake in BlackBerry’s maker. Three Up Deutsche Bank (NYSE: DB ): Up 5.97% ($2.10) to $37.25. Dow Chemical (NYSE: DOW ): Up 4.41% ($1.08) to $25.59. Baidu ( NASDAQ : BIDU ): Up 4.21% ($5.16) to $127.72. Three Down Walgreen (NYSE: WAG ): Down 6.27% ($2.26) to $33.77. United Continental (NYSE: UAL ): Down 4.67% ($1) to $20.43. Discover Financial (NYSE: DFS ): Down 4.49% ($1.17) to $24.86. Index Watch Dow Jones Industrial Average: Up 1.33% (146.83) to 11,190.69. S&P 500: Up 1.07% (12.43) to 1,175.38. Nasdaq: Up 1.2% (30.14) to 2,546. Kyle Woodley does not own any shares in any of the aforementioned companies.