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. [Read more...]