6 Stocks Rising on Unusual Volume
Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."
Let's take a look at several stocks rising on unusual volume today. They are all recording volume in midday trading that is already at least 50% above their average trading volume for a full day.
>>5 Stocks Under $10 With Big Upside Potential
Rio Tinto
Rio Tinto
Volume:6.8 million
Average Volume: 3.8 million
Volume % Change: 78%
Rio, a holding in Ken Fisher's portfolio, shows up on a recent list of 6 Large-Cap Stocks to Consider.
Comtech Telecommunications
Comtech Telecommunications
Volume: 708,300
Average Volume: 375,100
Volume % Change: 88.8%
Comtech, which has a C+ hold rating from TheStreet Ratings, was featured recently in "5 Heavily Shorted Stocks to Squeeze the Bears."
Stamps.com
Stamps.com
Volume: 676,121
Average Volume: 274,000
Volume % Change: 146.8%
Scott Rothbort featured Stamps.com, which has a B buy rating from TheStreet Ratings, in "7 Top Stocks That Should Continue to Outperform."
GeoEye
GeoEye
Volume: 551,250
Average Volume: 230,600
Volume % Change: 139%
GeoEye is rated a C+ hold by TheStreet Ratings.
Golar LNG Partners
Golar LNG Partners
Volume: 222,066
Average Volume: 92,000
Volume % Change: 141.4%
Golar LNG is one of the top holdings of George Soros' Soros Fund Management, which initiated a new 1.2 million-share position in the most-recently reported quarter.
Servicesource International
Servicesource International
Volume: 2 million
Average Volume: 726,100
Volume % Change: 176.8%
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