Smith Micro Software Inc. (NASDAQ: SMSI), a provider of software and services, is up sharply in mid-day trading today, extending its gains from the previous trading session. SMSI had finished more than 17% higher in the previous trading session. In today’s trading, the stock is up another 6.72% to $1.57 on above average volume of 80,959.
SMSI rallied on Monday despite there being no recent news or development related to the company. The stock broke through after trading sideways for nearly a month. SMSI has now broken through some key technical levels. The next resistance level for the stock is at $1.60.
Find out what else investors and traders need to know about SMSI by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=SMSI
OCZ Technology Group Inc. (NASDAQ: OCZ), a designer, manufacturer and distributor of solid-state drives (SSDs) and computer components, is seeing a pull back in trading today after rallying in the previous trading session.
OCZ is currently trading 2.11% lower at $1.86 on volume of 2.39 million. On Monday, the stock had finished more than 15% higher. The stock rallied after the company said that the Audit Committee’s investigation has been substantially completed and a preliminary report has been provided and while there continue to be various matters requiring further investigation, the company expects them to conclude shortly.
OCZ also announced the launch of beta program for new Linux®-based caching solution.
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SOURCE Investor Alley, Inc.