E-business software giant Oracle Corp. (Nasdaq: ORCL) rose 1 13/16 to 84 11/16 Thursday after announcing the addition of a new technology section to its online E-Business Suite community. The new section provides information technology professionals with resources for upgrading, customizing and inte...
Stamps.com climbed 1 19/100 to 4 3/4 Wednesday on news that the Net-based postage system will be bundled with 2001 Quicken financial software from Intuit (Nasdaq: INTU). Although Stamps.com saw a 33 percent surge, the stock is still trading at a fraction of last fall's high of 98 1/2.
Visual Networks, Inc. (Nasdaq: VNWK) plummeted 3 31/32 to 6 27/32 on Wednesday, a decline of almost 40 percent. The fall followed the company's announcement that third quarter revenues will amount to about half initial projections of $30 million.
O2Micro International Limited (Nasdaq: OIIM) more than doubled during its initial public offering Wednesday, skyrocketing 11 49/64 to 20 49/64. The stock opened at 9, with just over 10 million shares traded during the day.
Chip titan Intel Corp. (Nasdaq: INTC) shot up 1 1/2 to 72 1/16 Monday after saying it would release details this week about its new chips for wireless devices. Earlier in the day's trading, the company hit a 12-month high of 74 1/16.
Telephone company Verizon Communications (NYSE: VZ) rose 3/8 to 42 13/16 on Monday after news that it had settled a 15-day strike with some of its workers. Verizon was among the day's most heavily traded stocks.
Software provider MicroStrategy Inc. (Nasdaq: MSTR) skyrocketed 8 9/16 to 29 9/16 Monday after announcing an alliance with computer giant IBM Corp. (NYSE: IBM). The gain was one of the Nasdaq's biggest increases of the day.