Wednesday, December 2, 2009

Trading Alert RF Micro Devices (RFMD)

RF Micro Devices Inc. (NASDAQ: RFMD) is running up after that stock’s analyst rating was raised to Buy at UBS.  As this is a low priced tech stock, you can imagine that the volume will be picking up this morning.  At 8:32 AM EST we have seen 108,000 shares trade hands and the stock is up 3.6% at $4.68.  This stock was up over 10% yesterday because of the strong tech sector (on Altera news) and it traded over 13 million shares yesterday too.  The 52-week trading range is $0.70 to $5.85 and the average daily volume is 8.7 million shares.

JON C. OGG


No comments:

Post a Comment