RF Micro Devices Inc. (NASDAQ: RFMD), a designer and manufacturer of radio frequency components and compound semiconductor technologies, is up sharply in mid-day trading today. At last check, RFMD was trading 3.80% higher at $4.92 on volume of 3.86 million, which is below the daily average volume of 5.20 million. RFMD has had an excellent run over the last week, gaining more than 12% in the last five trading sessions.
Earlier this week, RFMD announced that it will unveil a highly-integrated front end module (FEM) for Smart Energy/Advanced Metering Infrastructure (AMI) applications at the 2013 Consumer Electronics Show (CES) in Las Vegas.
Find out how this announcement could affect RFMD in the very short term by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=RFMD
Forest Oil Corp. (NYSE: FST), an independent oil and gas company engaged in the acquisition, exploration, development and production of oil and natural gas, and natural gas liquids in the U.S., is up sharply in mid-day trading today, reversing some of the losses from the previous trading session.
FST is currently trading 2.39% higher at $6.85 on volume of 1.15 million, which is less than half of the daily average volume of 3.24 million. FST had fallen more than 5% in trading on Wednesday. FST is currently facing stiff resistance at around $7.25. A bullish trend will be established if the stock breaks through this level.
Last week, FST had announced agreement to sell its south Texas properties.
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