Asiainfo Holdings Inc. (NASDAQ: ASIA) started out ok today, but then things got worse. And worse. On no real news dissemination this stock is down 8.2% at $22.18 today and the intra-day trading range is $21.90 to $24.38. The 52-week range is $15.30 to $32.60.
At 3:00 PM EST we have now crossed the 2 million shares mark, making this double normal volume and then some versus 836K on average for a full day. This is one of those stocks that rarely if ever makes for a volume spike alert.
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