NEW YORK (
) -- Several stocks trading near $5 were poised to move on above-average volume during Friday's session.
(XOMA - Get Report)
should trade sharply higher Friday after the biopharmaceutical company reported a fourth-quarter profit of a penny a share, surprising analysts who had expected a loss of 3 cents a share. Revenue was down 41% from a year ago to $21.6 million but still exceeded the consensus target of $15.2 million. The 50-day average daily volume for XOMA is 4.52 million, according to the
. The stock closed Thursday at 55 cents and was up 9% in the after-market session.
(PSUN - Get Report)
was indicated to drop during Friday's session after the retailer said it expects a first-quarter adjusted loss of 32 cents to 38 cents a share, which is a wider loss than the 15-cent-a-share loss targeted by analysts. The guidance came as Pacific Sunwear posted a fourth-quarter adjusted loss of 26 cents a share on revenue of $293 million, which was slightly better than analysts had predicted, according to a Thomson Reuters poll. The 50-day average daily volume for Pacific Sunwear is 932,000. Shares ended trading Thursday at $5.75 before falling 13.2% in late trading.
should trade solidly higher Friday after the bandwidth management company reported fourth-quarter revenue of $9.4 million, which was up 108% from a year ago and beat the single analyst estimate of $8.7 million. Procera said that the momentum it is experiencing with Tier 1 service providers "will lead to another year of revenue growth." The three-month average daily volume for Procera is 261,000, according to Yahoo! Finance. The stock closed Thursday at 45 cents.
(FMD - Get Report)
shares should trade up after the Office of Thrift Supervision said it has terminated its enforcement action against the financial company. The three-month average daily volume for First Marblehead is 287,000. The stock ended Thursday at $3 and was up 4.3% in late trading.
-- Written by Robert Holmes in Boston
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