Top Volume Buzzers Stocks Early Morning (DRYS, IRE, WCRX, SOLR)
DryShips Inc. (NASDAQ:DRYS) advanced 3.62% to $4.86 on an unusual volume of 13.80 million shares compared to a daily average trading of 12.46 million shares. The company announced that Ocean Rig UDW its subsidiary company has signed a a $160 million deal with subsidiaries of Vanco Overseas Energy Limited for projects in which Vanco is operator and LUKOIL Overseas is majority co-venturer. The stock has been moving within a range of $11.34-$26.75 over the past 52-weeks.
Bank of Ireland (ADR) (NYSE:IRE) decreased 8.53% to $2.36 on over an unusual volume of 7.41 million shares. The stock today also touched a new 52-week low at $2.22 over the past 52-weeks. So far in this year the stock has plunged 69.19%. The stock touched an intraday low and high of $2.22 and $2.58 respectively. Bank of Ireland and its subsidiaries provide a range of banking and other financial services. It operates in five segments: Retail Republic of Ireland, Bank of Ireland Life, UK Financial Services, Capital Markets and Group Centre.
Warner Chilcott Plc (NASDAQ:WCRX) plunged 10.46% to $20.89 on an unusual volume of 6.67 million shares after the company is reducing its estimate for fiscal 2010 of adjusted total revenue from a range of $2.900.0 to $2.950.0 billion to a range of $2.800.0 to $2.850.0 billion based on current revenue trends, including higher than previously estimated sales-related deductions.
GT Solar International, Inc. (NASDAQ:SOLR) surged 7.24% to $9.48 on a volume of 6.62 million shares. An analyst at Raymond James upgrades the stock from Market Perform to Outperform. The company announced that it has entered into a definitive agreement to repurchase shares of common stock from GT Solar Holdings, LLC. Under the terms of this agreement, GT Solar has agreed to purchase 26.5 million shares of its common stock at a price of approximately $7.66 per share for a total purchase price of approximately $203 million.