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Mid Cap Stocks Jumped with Wider Market: Hertz Global Holdings, Inc., Micron Technology, Inc., Brocade Communications Systems, Inc., Sirius XM Radio Inc.

Posted by admin 977 days ago (http://emailwire.com)

(EMAILWIRE.COM, September 14, 2010 ) New York, NY-Following are among the most active mid cap stock gainers based on the market capitalization of $2bln-$10bln.

Hertz Global Holdings, Inc. (NYSE:HTZ) soared 7.86% to $10.84 on over 24.10 million shares after the rental car giant lifted its offer to acquire peer Dollar Thrifty Automotive Group Inc. for $50 a share, or $1.56 billion.

So far, the market capitalization of the stock stood at $4.47 billion. Over the past 52-weeks, the stock has been trading within the range of $8.36-$15.60.

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Micron Technology, Inc. (NASDAQ:MU) surged 8.31% to $7.05 on over 45.83 million shares. Micron Technology, Inc. is a global manufacturer and marketer of semiconductor devices, principally dynamic random access memory (DRAM) and Nandi Flash memory (NAND). In addition, the Company manufactures complementary metal-oxide semiconductor (CMOS) image sensor products under a wafer foundry arrangement.

The 52-week range of the stock is $6.12-$11.40. The volumes were massive today at 45.83 million shares as compared to its daily average volume of 29.28 million shares.

Brocade Communications Systems, Inc. (NASDAQ:BRCD) gained 1.53% to $5.97 on over 14.03 million shares. At today`s closing market price, the market capitalization of the stock stood at $2.71 billion. The 52-week range of the stock is $4.64-$9.84.

Brocade Communications Systems, Inc. is a supplier of data center networking solutions that help enterprises connect and manage their information.

Sirius XM Radio Inc. (NASDAQ:SIRI) added 1.34% to close the day at $1.06 on over 45.24 million shares. Today, 45.24 million shares have been traded as compared to its daily average volume of 80.43 million shares.

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