Stockpickr Lists: United Rentals Rises in Heavy Trading - TheStreet

Stockpickr Lists: United Rentals Rises in Heavy Trading

The construction rental firm saw shares gain after Cerebrus' buyout.
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Editor's Note: In this feature from Stockpickr, we highlight lists of stocks that have made new highs, lows or seen other unusual activity.

Rising on Unusual Volume

:

United Rentals

(URI) - Get Report

closed up 1.9% on trading more than eight times its three-month average, after Cerebrus acquired the company for $4 billion in cash. The stock closed up 61 cents to $32.98.

Biggest % Gainers

:

Gigabeam

(GGBM)

soared 73% after announcing it received purchase orders for 24 additional WiFiber links from wireless telecom company One Velocity. GigaBeam shares closed up $2.05 to $4.05.

52-Week Highs

:

Companhia Vale do Rio Doce

(RIO) - Get Report

climbed 4.2% to a 52-week high, after the miner partnered with a Norwegian company to develop a new alumina refinery in northern Brazil. Shares gained $2.15 Monday to $53.10.

Biggest % Losers

: After more than doubling in price Friday, shares of

Nucryst Pharmaceuticals

(NCST)

plummeted 30% Monday, after SunTrust Robinson Humphrey downgraded the stock to neutral from buy. The SunTrust analyst said investor reaction to Friday's news that the Food and Drug Administration approved Nucryst's topical cream that helps resist bacteria that do not respond to antibiotics, including those that cause staph infections, was "overdone," according to

The Associated Press

. The stock gave back a chunk of Friday's gains, closing down $1.74 to $4.10.

52-Week Lows

:

Netflix

(NFLX) - Get Report

slumped 12% to a 52-week low, after cutting by $1 the price for its DVD rentals to better compete with rival

Blockbuster

(BBI) - Get Report

. Netflix's stock slipped $2.36 to $17.37.

Forum of the Day

U.S. Steel

(X) - Get Report

reports earnings Tuesday.

ron2024 solicits suggestions and comments

.

Do You Know the Answer?

Goldman Sachs

(GS) - Get Report

seems too cheap to sell at $200 to $205, says scottw83.

How much more downside does it have during the subprime crisis

?

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