Local.com Corp. (NASDAQ:LOCM) soared 17.09% to $4.66 on about 3.64 million shares after the company announced that based on unaudited preliminary results for the three months ended Sept. 30, 2010, the company expects revenue to be between $22.5 million and $22.7 million.
The company also said it expects record adjusted net income to be between $4.7 million and $5.0 million or $0.27 to $0.29 per diluted share
Ascent Solar Technologies, Inc. (NASDAQ:ASTI) lost 3.89% to $5.44 on about 2.77 million shares. Earlier this week, StreetInsider.com reported that Votum of the Czech Republic will begin distribution of Ascent Solar Technologies, Inc.'s thin-film CIGS modules. The agreement includes Ascent Solar Technologies, Inc. receiving access to multiple markets in the Czech Republic through Votum.
Volumes were high today at 2.77 million shares- more than 5X its average daily volume.
TeleCommunication Systems, Inc. (NASDAQ:TSYS) added 2% to $5.60 on about 1.54 million shares. Last week, Wedbush upgraded TeleCommunication Systems from Neutral to Outperform with price target increased from $5 to $7.
Over the past 52-week, the stock traded within the range of $2.96-$10.55. The average daily volume of the stock is 1.06 million shares.
EMCORE Corporation (NASDAQ:EMKR) went up 4.72% to $1.11 on about 1.44 million shares. Yesterday, the company announced that the Board of Directors of the Company has appointed Mark Weinswig, as Chief Financial Officer (CFO), effective October 11, 2010.
The stock went up more than 24% in the last one month of trading sessions.
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