Tibco Software ( TIBX) is a provider of middleware and infrastructure software. This stock is trading up 2.5% at $33.99 in recent trading. Today's Volume: 10 million Average Volume: 2.6 million Volume % Change: 764% Shares of TIBX are moving modestly higher today after the company announced the offering of $525 of its 2.25% convertible senior notes due 2032 to qualified institutional buyers. From a technical perspective, TIBX has started to print a new 52-week high today on monster volume. This move has also pushed the stock into breakout territory since shares have moved above some near-term overhead resistance at $33. Traders should now continue to look for long biased trades as long as TIBX is trending above $33 with strong upside volume flows. Tibco shows up on a recent list of 15 Apple-Like Stocks That Could Bear Similar Fruit. Follow @stockpickr
LoopNet (Nasdaq:LOOP) hit a new 52-week high Wednesday as it is currently trading at $19.07, above its previous 52-week high of $18.95 with 425,420 shares traded as of 9:35 a.m. ET. Average volume has been 300,300 shares over the past 30 days.