Demand Media Inc. (NYSE:DMD) is up 29.63% this afternoon at $7.70. DMD has traded 2.1 million shares so far today, well above its daily average of 327 thousand shares. Demand Media posted fourth quarter results late yesterday. EPS beat analysts estimates with the company posting $0.08 per share versus Wall Street’s $0.06 per share. The company’s forecast for the first quarter is EPS of $0.05-$0.06 per share. The company has a market cap of 630.39 million.
Sangamo BioSciences, Inc. (NASDAQ:SGMO) is up 21.43% today at $5.10. SGMO has traded 858 thousand shares so far today, nearly 3 times its daily average volume. SGMO shares are up more than $2 a share since the start of the year. The company has a market cap of 264.93 million.
Fusion-io Inc. (NYSE:FIO) is up 14.08% this afternoon at $28.46. FIO has traded 11.3 million shares today, well above its daily average of 2.7 million shares. FIO shares are up more than $4 this week. The company was upgraded by The Benchmark Company on Feb 15. The company has a market cap of 2.56 billion.
Royale Energy, Inc. (NASDAQ:ROYL) is up 16.23% today at $5.7190. ROYL is up on heavy volume today with 2.3 million shares traded, well above its average volume of 643 thousand shares. ROYL shares are up more than $1 over the past week. The company has a market cap of 60.59 million.
Life Technologies Corporation (NASDAQ:LIFE) is down 8.19% today at $45.70. LIFE has traded 6.4 million shares this afternoon, three times its average volume. LIFE shares are down $5 this week. On Wednesday, a jury told Life Technology to pay $52 million in patent case. The company has a market cap of 8.17 billion.
Qlik Technologies Inc. (NASDAQ:QLIK) is down 9.26% this afternoon at $28.41. QLIK has traded 3.7 million shares so far today, well above its daily average of 846 thousand shares. Qlik announced fourth quarter earnings late yesterday and missed EPS by $0.03 and guidance was below expectations. The company has a market cap of 2.38 billion.
CapitalSource Inc. (NYSE:CSE) is down 6.25% today at $6.75. CSE has traded 3.8 million shares so far today and averages 3.3 million shares a day. CSE announced fourth quarter results yesterday and investors reacted negatively to them. The company has a market cap of 1.86 billion.
HyperDynamics Corporation (NYSE:HDY) is down 3.82% this afternoon at $1.3850. HDY has traded 6.8 million shares today, double its average volume. HDY shares have dipped the past two days after a well they drilled revealed low amounts of oil. The company has a market cap of 230.21 million.
About Martin Stephenson
