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Arena Pharmaceuticals, Pharmacyclics Included in Stocks Up on High Volume Thursday

These are the stocks that are up on above-average volume today:

  • Arena Pharmaceuticals (NASDAQ:ARNA) saw its price spike on above-average volume today, as 59.5 million shares, which is 1.9 times the stock's average daily volume, traded hands. The stock price hit $11.68, a 11.2% increase. The stock is trading 86.8% above its 50-day moving average and 71.2% above its 200-day moving average.
  • Pharmacyclics (NASDAQ:PCYC) was up on high volume today, after trading at a volume of 2.7 million, or 1.8 times its average daily volume. At $47, share price improved 4.4%. The stock is trading 39% above its 50-day moving average and 46.3% above its 200-day moving average.
  • Gannett (NYSE:GCI) saw its price spike on above-average volume today, as 7.2 million shares, which is 2.5 times the stock's average daily volume, traded hands. The stock price experienced a 3.2% increase, coming in at $13.47. The stock is down over the last three months, having fallen $2.27 (-14.4%) from $15.74 on March 26, 2012. The stock has moved down across its 50-day moving average of $13.05 today.
  • Sturm Ruger & Company (NYSE:RGR) experienced a price hike on above-average volume today, trading at a volume of 1.2 million, or 1.8 times its standard daily volume. Share price climbed 1.6% to $39.11. The stock has been on a downward trajectory over the last two months, sliding $14.14 (-26.6%) from a price of $53.25 on April 24, 2012. The stock has climbed a step closer to its 200-day moving average, sitting at just 93.5% of the mark.
  • Rite Aid (NYSE:RAD) saw its price spike on above-average volume today, as 22.5 million shares, which is 2.5 times the stock's average daily volume, traded hands. At $1.25, share price rose 6.8%. The stock has fallen over the last three months, dropping 58 cents (-31.7%) from $1.83 on March 26, 2012. The stock has climbed a step closer to its 50-day moving average, sitting at just 96.7% of the mark.
  • Wesco Aircraft Holdings (NYSE:WAIR) was up on high volume today, trading with volume of 360,866, or 1.9 times its average daily volume. The stock price hit $12.75, a 1.8% increase.
  • After trading at a volume of 531,112, or 1.6 times its average, First Bancorp (NYSE:FBP) was up on high volume today. Shares improved 1.6% to $3.84. The stock has lost momentum over the last three months, losing 29 cents (-7%) from $4.13 on March 26, 2012. The stock has moved up across its 200-day moving average of $3.82 today.