Hot stocks to watch: These stocks were very popular on the market today, some saw large volume change and some rallied sharply in the after-hours trading session.
E TRADE Financial Corporation (ETFC) stock was up 6.86%, or $0.55, to close at $8.57. The intraday volume was at 18.58 million shares, triple its daily average of 5.90 million shares. The online brokerage announced the abrupt departure of former CEO Steven J. Freiberg and appointed Frank Petrilli as the interim CEO. The current ETFC stock price is 31.16% off its 52-week high of $12.45 and 21.04% higher than its 52-week low of $7.08. E TRADE Financial currently has a market cap of 2.45 billion.
Fusion-IO, Inc. (FIO) stock shaded 2.05%, or $0.44, to close ta $21.02. The intraday volume was at 4.86 million shares, more than double its daily average of 2.14 million shares. The storage drive maker today forecasted a strong growth of 45% to 50% over the next year on a large user base. FIO stock price jumped more than 26% in the after-market trading session. The current FIO stock price is 49.64% off its 52-week high of $41.74 and 41.07% higher its 52-week low of $14.90. Fusion-IO has a market cap of $1.96 billion.
NVIDIA Corporation (NVDA) stock price saw a gain of $3.37%, or $0.48, to $14.71. The intraday volume was at 20.56 million shares, double its daily average of 10.40 million shares. NVDA stock price continued to rise 4.35% in the after-hours trading session as the chip maker released better than expected Q2 2013 financial results. The current NVDA stock price is 12.96% off its 52-week high of $16.90 and 28.25% higher than its 52-week low of $11.47. NVIDIA has a market cap of $9.10 billion.
Ubiquiti Networks Inc (UBNT) stock price gained 6.45%, or $0.91, to close at $15.01. The intraday volume was at 1.67 million shares, triple its daily average of 525,873 shares.The broadband wireless solutions provider announced its Q4 2012 profit up 57%, but a weak outlook for the current period. In the after-market trading session, UBNT stock price tumbled more than 34%.The current UBNT stock price is 58.29% off its 52-week high of $35.99 and 60.19% higher than its 52-week low of $9.73. Ubiquiti Networks has a market cap of $1.38 billion.
The Middleby Corporation (MIDD) stock price soared 13.53%, or $13.56, to $113.77. The intraday volume was at 926,946 shares, much more than its daily average of 70,811 shares. The cooking and warming equipment maker has reported better than expected earnings results for the fourth consecutive quarter. The current MIDD stock price is 4.99% off its 52-week high of $119.74 and 73.99% higher than its 52-week low of $65.39. Middleby has a market cap of $2.13 billion.
Universal Display Corporation (PANL) stock price made its way up of 18.80%, or $6.17, to end at $38.99. The intraday volume was at 4.49 million shares, much more than its daily average of 17,557 shares. The OLED technologies and materials company saw its big gain after it reported Q2 2012 performance, which is the best quarterly financial results in the Company’s history, and raised the FY 2012 revenue guidance. The current PANL stock price is 4.99% off its 52-week high of $60.28 and 53.20% higher than its 52-week low of $25.45. Universal Display has a market cap of $1.81 billion.