January 24, 2013 at 13:47 PM EST
NASDAQ Stocks In The News: (NASDAQ: SNDK), (NASDAQ: ITMN)
NASDAQ Stocks In The News: (NASDAQ: SNDK), (NASDAQ: ITMN)

SanDisk Corp. (NASDAQ: SNDK) is trading in the range of $46.78 and $49.89 during its latest trading session. The stock had opened at $47.14 and is currently at $49.36, up 3.59 percent from its previous close of $47.65. SanDisk recorded the volume of 7.6 million shares, significantly higher than its average daily trading volume of 4.409 million shares, thus showing bullish trend. SanDisk is up on the news of its positive Q4 results. Its reported its adjusted earnings at 99 cents per share, while its revenue for the quarter stood at $1.54 billion, up 21.1 percent from the previous quarter.

Find out if SNDK could maintain the momentum by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=SNDK

 

InterMune Inc. (NASDAQ: ITMN) opened at $9.73 and is oscillating in the range of $9.66 and $10.12 in the latest trading session.  It is currently at $9.99, up 2.78 percent from its previous close of $9.72. InterMune shows bullish trend and the stock‚Äôs first resistance level is at $10.19. Upon breaching this level, the stock may touch $10.76. On the downside, it may slip to $9.87. InterMune recently announced the pricing of its public offering at $9.90 per share. The company is involved in the business of developing therapies for various ailments including orphan fibrotic diseases and pulmonology ailments.

Find out where ITMN could be standing in the upcoming trading sessions by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=ITMN

 

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