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The Nasdaq pulled off a midday rally Friday, helping enda two-day losing streak. The composite added 19.69 points, or 1%, to 1840.26 on heavier volume. For the week it lost 5%. The Nasdaq 100 gained 0.7% to 1573.25.
EPIQ Systems hit a new high, surging 1.88 to 20.25 on very heavy trade. Since late April, the maker of bankruptcy and financial services software has advanced threefold.
Bisys Group moved as high as 55.50 intraday before closing up 1.50 at 53.44 on double usual turnover. After reaching a high on March 6, the outsourcer of data processing and investment services pulled back, falling below its 50-day moving average. But the stock has made its way back above the line, and is now 7% off its high.
Panera Bread reached a new high, adding 1 to 26.75 as volume tripled. Recently, the specialty bakery cafe chain raised its first-quarter profit views, citing strong sales at its stores. It reported that February same-store sales rose 8.5%.
Performance Food Group soared 2.50 to 52.50 on above-average trade. The distributor of food and related products snapped a two-day losing streak. For the week, the stock gained 6%.
Respironics advanced 1.75 to 30.50 on two times typical turnover. ...