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The Real Most Active - NASDAQ.(B)
Byline: Monika Tjia
After struggling in the morning, techs made a strong midday rally Tuesday. The Nasdaq composite gained 52 points, or 2.4%, to 2168.24 on lighter volume.
THQ Inc. added 6.75 to 44.84 on five times usual trade. On Tuesday, Credit Suisse First Boston started coverage of the video game maker with a buy rating.THQ is at its highest level since April 1992. Credit Suisse also started coverage of fellow video game firm Activision. The stock hit a new high, gaining 1.14 to 28.40 on double normal turnover.
Pec Solutions soared 2.86 to 18.75. The information technology systems provider notched a new high on extremely heavy volume. On April 24, the stock broke out of a nine-week base. Since then it has gained 35%.
Powell Industries surged to a new high, advancing 2.11 to 19.96 on nine times typical trade. On Monday, the maker of equipment that monitors electricity flow cleared a 10-week base. Since late December 1999 the stock hasgained 341%. Fellow electrical equipment maker AstroPower added 3.52 to 45.40 on two times daily turnover. The solar-energy products firm has formed a 27-week base and is now 28% off its high.
U.S. Physical Therapy jumped 3.15 to 21.40 on very heavy volume. On ...
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