Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Today was an unusually active day for extremely volume increases in several stocks which traded on news and rumors.
Shares in Sequenom (NASDAQ: SQNM) jumped over 10% on takevover rumors.
Rite Aide (NYSE: RAD) moved higher by 5% on larger than normal volume as it beat earnings estimates and Monsanto (NYSE: MON) traded up on strong numbers and took a number of agriculture stocks with it. Oracle (NASDAQ: ORCL) also benefited from earnings above Wall Street forecasts.
Palm (NASDAQ: PALM) traded higher as RBC upped its price target to $18 from $14, and MEMC (NYSE: WFR) fell on a downgrade from JPMorgan.
Douglas A. McIntyre is an editor at VSInvestor.com.
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