NASDAQ Stock Update: RiT Technologies Ltd.(NASDAQ:RITT), Baxano Surgical Inc(NASDQ:BAXS), and Sirius XM Holdings Inc.(NASDAQ:SIRI)
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The NASDAQ Composite gained $46.53 to finish the day at a price of $4,555.22. Here’s how three NASDAQ stocks fared during yesterday’s trading.
RiT Technologies Ltd.(NASDAQ:RITT) suffered an 11.45% decrease in value yesterday as the stock lost twenty-two cents to move to a closing price of $1.71. The stock traded within a range of $1.65 to $2.65 during the day after opening at a price of $2.43. RiT Technologies Ltd.(NASDAQ:RITT) had a trading volume of 8.46 million yesterday, a figure which is astronomically higher than the stock’s three month average volume of 110,513. The stock lost an additional three cents during after-hours trading.
Baxano Surgical Inc(NASDAQ:BAXS) saw its value decline by 38.85% yesterday as the stock fell $0.094 to move to a closing price of $0.148, a new 52 week low for the North Carolina-based medical device company. The company had a trading volume of 4.14 million yesterday, a figure which is over eleven times higher than the companies three month average volume of 349,899. Baxano Surgical Inc(NASDAQ:BAXS) currently has a bid price of $0.1435 x 5,000 and an offer price of $0.17 x 100.
Sirius XM Holdings Inc.(NASDAQ:SIRI) gained five cents to move to a closing price of $3.53, a 1.44% increase in value from the previous closing price. The stock traded within a range of $2.98 to $$4.18 during the day after opening at a price of $3.46. Sirius XM Holdings Inc.(NASDAQ:SIRI) will have to pay royalties to The Turtles after a federal judge in California ruled the company was liable for copyright infringement for the previous use of their songs. The stock lost one cent during after-hours trading.
I have a confession to make – I am not always right. Sometimes, unfortunately, I will send alerts that experience losses.
I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.
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