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Mid Cap Stocks to Watch Out: Sirius XM Radio Inc., Atmel Corporation, Micron Technology, Inc., Popular, Inc.

Posted by admin 978 days ago (http://emailwire.com)

(EMAILWIRE.COM, September 16, 2010 ) New York, NY-Following are among the most active mid cap stock movers based on the market capitalization of $2bln-$10bln.

Sirius XM Radio Inc. (NASDAQ:SIRI) soared 5.24% to $1.11 on over 101.09 million shares. irius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system.

So far, the market capitalization of the stock stood at $4.30 billion. Over the past 52-weeks, the stock has been trading within the range of $0.51-$1.25.

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Atmel Corporation (NASDAQ:ATML) surged 1.16% to $6.99 on over 14.88 million shares. Today, the stock created its new 52-week high of $7.10 on strong volumes.

The 52-week range of the stock is $3.60-$7.10. The volumes were high today at 14.88 million shares as compared to its daily average volume of 8.48 million shares.

Micron Technology, Inc. (NASDAQ:MU) dropped 4.54% to $6.94 on over 59.84 million shares. Today, Goldman Sachs lowered its rating on memory-chip maker Micron Technology Inc to "Neutral," saying it had underestimated the amount of negative impact tablets would have on the PC supply chain.

Popular, Inc. (NASDAQ:BPOP) fell 5.42% to close the day at $2.79 on over 14.49 million shares. Today, 14.49 million shares have been traded as compared to its daily average volume of 8.34 million shares.

Popular, Inc. is a diversified, publicly owned bank holding company. The Company operates in three markets: Puerto Rico, the United States mainland and providing processing and other technology services in Puerto Rico, Florida, Venezuela, the Dominican Republic, El Salvador and Costa Rica.

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