The market sank in the afternoon with heavier volume than typical. There are more fear on the market after Intel (INTC) disappointed the street with lower margins with on going war with AMD. Apple (AAPL) will report after close tonight. Hopefully it will give the tech Nasdaq a boost if the earning is good.
(ZOLL) is the star of the day after MEDTRONIC INC (MDT)'s Physio-Control division got its defibrillator shipments halted because of quality issues. It is the direct competition to Zoll Medical. Volume has increased 600% over normal. I believe it has more upsides in the coming weeks. It may split its stock 2-to-1 or 3-to-1 soon.
(RACK) is the worst decliner of the day. It sank over $12 after its earning report. I would not buy this dead cat for now.
No comments:
Post a Comment