Dallas, TX 10/30/2009 11:09:55 PM
News / Business

Stock Update - EK, OMX, GERN - Active Small Cap Movers

Stock Market Update

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Eastman Kodak Company (NYSE:EK) is one of the most active gainers as it rallies over 6.05% to $3.68 on huge volume of 2.85 million shares. The stock has ranged from $2.01 to $11.40 over the past 52-weeks. So far the stock prices went up over 20% in last six months of trading sessions. Eastman Kodak Company provides imaging technology products and services to the photographic and graphic communications markets. The Company’s products span digital cameras and accessories; consumer inkjet printers and media; digital picture frames; retail printing kiosks and related media.

OfficeMax Incorporated (NYSE:OMX) surges 6.68% to $11.65 on huge volume of 1.51 million shares after the company reported lackluster third-quarter sales as both shoppers and corporate customers kept a tight hold on spending, and their shares fell. Sales at Office Depot fell about 17 percent to $3.03 billion, missing the analysts' average estimate of $3.07 billion, partly due to a decision to end promotions in some product categories. Sales at its U.S. and Canadian stores that have been open for more than a year fell 14 percent.

Geron Corporation (NASDAQ:GERN) increases 7.25% to $6.19 on over 1.10 million shares after the company today reported financial results for the three and nine months ended September 30, 2009. For the third quarter of 2009, the company reported net loss applicable to common stockholders of $15.2 million, or $(0.17) per share, compared to $17.2million, or $(0.22) per share, for the comparable 2008 period. Net loss applicable to common stockholders for the first nine months of 2009 was $52.0million, or $(0.59) per share, compared to $44.4 million, or $(0.57) per share, for the comparable 2008 period.

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