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Byline: CRAIG SHAW
Techs ended a seesaw session with slight losses Friday as positive economic data failed to spur lasting gains. The Nasdaq lost 0.1% on heavier trade, the Nasdaq 100 0.5%. For February, the index shed 1.8%, its first down month since September and only its second of the last 13.
Industrial Services of America romped 9.96, or 40%, to 35.27. More than 9 million shares changed hands vs. its 50-day average of 387,000. The solid waste management and scrap firm has surged sevenfold in just three weeks after posting 17 cents in quarterly profit vs. a year-ago loss of 30 cents. The firm said Thursday it would split its stock 2-for-1 on or about March 30.
Ace Cash Express posted a 52-week high on triple normal trade, climbing 1.60 to 33.74. The Texas-based operator of check cashing stores claims three-year annual profit growth of 71%, but sales growth lags at an annual 11%. Its Relative Price Strength Rating of 95 shows it's outperformed 95% of the market the past 12 months.
Shuffle Master raced ahead 2.79 to 41.68 on 3 1/2 times typical turnover. Jefferies & Co. ...