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Byline: IBD Staff
The Nasdaq stayed open for an extra hour Friday after an outage stalled the exchange's trading system. A lot of the official closing prices were questionable. The index finished the day in positive territory, rising 1.6%.
Interlogix surged 7.13 to 36.50 on eight times its typical turnover. The maker of security systems headed higher despite a downgrade by USB Piper Jaffray to neutral from buy based on valuation. The stock cleared a 16-month base, which is part of a longer one it began in January 1999.
Corporate Executive Board rose 1.58 to 42 on heavy trade. The stock is showcased in Monday's "Nasdaq Stocks In The News."
GoTo.com picked up 2.49, or 15%, to 19.45 on nine times usual volume. The stock is still recovering from a deep 83% slide from its all-time high of 114.50. The pay-for-performance Internet search service priced a public offering of 7.5 million shares at $16.50 a share.
Pixelworks broke out from deep within a nine-month base. The maker of chips for flat-panel display screens added 5.64 to 35.74 on above-average turnover. But it's still 31% off its high.
SFBC International notched a new high, adding 3.20 to 29 as trade nearly tripled. ...