Two of the three major stock indexes ended lower today as the Federal Reserve extends its bond buying program (Operation Twist). Some investors were hoping for more aggressive methods to help boost economic growth as the debt crisis in Europe continues and the jobs market appears weaker in the U.S. Ben Bernanke did say the Fed is ready and able to do more, but offered little details on what that may be. Sign Up For Free Stock Alerts
The Dow finished the day down about 13 points, the Nasdaq up less than 1 point and the S&P 500 down 2 points.
Rare Element Resources Ltd. (NYSE:REE) closed 12.69% higher today at $5.15. REE has traded 1.6 million shares today, well above its daily average of 811 thousand shares. REE shares have rallied nearly $1 a share since last Thursday. The company has a market cap of 228.53 million.
Enzo Biochem Inc. (NYSE:ENZ) ended the day up 12.29% at $2.01. ENZ traded 820 thousand shares today, 7 times its average volume. ENZ shares are up about $0.30 a share since Monday. The company has a market cap of 78.24 million.
Amyris, Inc. (NASDAQ:AMRS) closed Wednesday up 11.36% at $3.43. AMRS traded 889 thousand shares today, well above its daily average of 660 thousand shares. AMRS shares have jumped $0.80 a share over the past few days. The company has a market cap of 193.17 million.
Bon-Ton Stores Inc. (NASDAQ:BONT) closed trading up 10.32% at $6.52. BONT traded double its normal volume today with 657 thousand shares traded. BONT shares have jumped $1.40 a share since Tuesday. The company has a market cap of 130.70 million.
Patriot Coal Corporation (NYSE:PCX) jumped 8.16% today at $1.59. PCX traded 11.2 million shares on Wednesday, 2 million shares more than its daily average. PCX shares have rallied $0.40 a share this week. The company has a market cap of 146.04 million. Sign Up For Free Stock Alerts
Jabil Circuit Inc. (NYSE:JBL) closed up 6.85% today at $20.75. JBL traded 9.3 million shares today, 3 times its average volume. JBL shares rallied today after reporting third quarter results that met Wall Street estimates. The company has a market cap of 4.29 billion.