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Wednesday, June 28, 2006

Update - MTU MC

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I didn't expect much action from one of Cramer's "repeat shows" (it was more of a compilation of repeat shows) but MTU and MC did show a bit of Cramer effect.

MTU opened in the pre-market at $13.20 after trading after hours last night at $13.18. A pre-market high of $13.22 was found at 8:49am. The stock then opened at $13.29, had an initial dip to $13.20 before it gain a bit and eventually fell to a low for the day of $13.10. The volume for the day was lower than the daily average.


MC opened in the pre-market at $20.14, right around last nights after hours price point. It then climbed to a pre-market high of $20.38 right before the opening bell, opened at $20.37 and slipped to a low of $20.07 around 9:55am. The low for the day was $20.05, and the stock closed up at $20.14 for the day and didn't fluctuate much after the initial drop. Volume for the day was slightly less than average.


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