Unusual Volume At NYSE: Verizon (NYSE:VZ), VelocityShares (NASDAQ:DGAZ), Cabot Oil & Gas (NYSE:COG), Barnes & Noble (NYSE:BKS)

Posted by on Feb 24, 2014

New York-based Verizon Communications Inc. (NYSE:VZ) has said that owning its entire wireless unit would give it greater flexibility to invest in new technologies. Verizon Communications Inc. (NYSE:VZ) stock opened at $47.55 in last session, and closed at $47.27, while the day range of stock is $47.18 – $48.25. The stock showed a negative weekly performance of -0.08%.

The single biggest asset gatherer of any U.S. commodity exchange-traded product year-to-date is VelocityShares 3X Inverse Natural Gas ETN (NASDAQ:DGAZ), which is a triple-leveraged fast-money bet against natural-gas futures. VelocityShares 3X Inverse Natural Gas ETN (NASDAQ:DGAZ) stock opened at $2.94, in last session and closed at $2.81, by losing -9.65%. The 52 week range of the stock is $2.74 – $21.23. Company’s market capitalization is $334.22 million.

Cabot Oil & Gas Corp. (NYSE:COG) was upgraded by research analysts at UBS AG to a “neutral” rating in a report released on Friday, AnalystRatingsNetwork reports. Cabot Oil & Gas Corporation (NYSE:COG) stock decreased -8.17% and finished the last session at $36.07. The EPS of the stock remained 0.57. Company’s market capitalization is $15.22 billion.

Barnes & Noble Inc. (NYSE:BKS), the struggling bookseller, received a proposal from G Asset Management LLC to acquire 51 percent of the company at $22 a share, valuing the total business at $1.32 billion. Barnes & Noble, Inc. (NYSE:BKS) stock opened the session at $16.75, and closed the session at $17.69. The 52 week range of the stock remained $12.59 – $23.71 and the day range was $16.53 – $19.19.

Leave a Reply

Your email address will not be published. Required fields are marked *