The Night Watch: After-Hours Action Muted Before Holiday Weekend
It's a Friday ahead of a holiday, so traders were few and volume was thin in after-hours trading on Island and Instinet. Still, some diehards were getting in some action before the three-day weekend.
Just take a look at BroadVision(BVSN Quote), which was keeping its regular-trading session rally going on anticipation that Tuesday the company will announce a new wireless venture. On Island, the stock was lately up $1.44 to $40.50, while on Instinet its gains were a little less, up $1.39 to $40.45. At the closing bell, BroadVision was up $4.56, or 13.2%, to $39.06.
Earlier this week, the company announced that it was entering into an alliance with India-based software services firm Mastek. The venture will build e-business applications.
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