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NEW YORK ( TheStreet) -- Several stocks trading near $5 were moving on above-average volume during Thursday's session. Sirius XM ( SIRI) retraced early losses and rose by 2 cents, or 2.3%, to 90 cents on reports the satellite radio company's management will meet with Lazard Capital analysts on March 29. Volume topped 133.7 million shares, compared to the 50-day average daily volume of 112.6 million, according to the Nasdaq.
Conn's ( CONN) jumped by $1.52, or 26%, to $7.37 after the consumer electronics retailer posted a fourth-quarter profit of 29 cents, which was well ahead of the Thomson Reuters average estimate of 3 cents a share. Revenue of $202.3 million in the quarter was down 25% from a year ago but still beat the consensus target of $196.2 million. Volume topped 981,000 shares, compared to the 50-day average daily volume of 238,000. Jamba ( JMBA) surged by 40 cents, or 17%, to $2.75 on speculation Starbucks ( SBUX) was interested in acquiring the company. Traders posting on Internet message boards attributed the rumor to FlyOnTheWall.com. Volume topped 3.5 million shares, compared to the 50-day average daily volume of 627,000. SunLink Health Systems ( SSY) dropped by 74 cents, or 17.7%, to $3.45 after the company acknowledged it is currently holding discussions with third parties regarding potential strategic transactions. SunLink added that is has engaged Fennebresque & Co. as financial advisor to aid in evaluation of strategic alternatives "as well as in connection with a potential refinancing of our outstanding indebtedness." Volume topped 543,000 shares, compared to the three-month average daily volume of 36,000, according to Yahoo! Finance. -- Written by Robert Holmes in Boston. Check out all of Thursday's high-volume, under-$5 stocks at the Dollar Store Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.