NEW YORK (CNNfn) - A wireless data services provider's shares soared in their first day of trading Thursday, while a broadband network provider tumbled in its debut.
Stock in Aether Systems (AETH), which provides wireless data services, rose 30, or 188 percent, to 46, after being priced at 16 late Wednesday.
ZapMe! Corp. (IZAP), which is building a broadband interactive network, fell 1-3/4, or 18 percent, to 7-3/4, after being priced at 11 a share.
Isocor (ICOR), a maker of communications software, rose 79 percent after it said third-quarter net income rose to $88,000, or 1 cent per diluted share, from a loss of $1.8 million, or 19 cents per share, in the year-earlier period.
Stock in Santa Monica, Calif.-based Isocor gained 8 to 18-1/2.
Shares of enterprise software maker Vignette Corp. (VIGN) rose 28 percent after the company said its third-quarter loss narrowed to 19 cents per share from 35 cents per share in the year-earlier period.
Austin, Texas-based Vignette rose 33-7/8 to 152-1/2.
Shares of Wall Data (WALL) gained 48 percent after it said NetManage Inc. (NETM) will buy the enterprise software maker for $9 per share.
Kirkland, Wash.-based Wall Data gained 2-3/4 to 8-1/2.
Coinmach Laundry Corp (WDRY) rose 32 percent after senior management and a private investment group offered to buy 80 percent of the company for $13 a share cash.
Stock in Roslyn, N.Y.-based Coinmach, which outsources laundry equipment, rose 2-7/8 to 11-3/4.
Aware Inc. (AWRE) gained 66 percent after the company said chip maker Intel (INTC) licensed Aware's DSL high-speed Internet access technology. Terms weren't disclosed.
Shares of Bedford, Mass.-based Aware climbed 13-3/4 to 34-5/8.
Hastings Entertainment (HAST) plunged 36 percent after it warned of a 17- to 19-cent per share loss in its fiscal third quarter, compared with earnings of 11 cents per share in the year-earlier period.
Shares of Amarillo, Texas-based Hastings -- a book, music and video retailer with locations in the Midwest and West -- fell 2-11/16 to 4-13/16.
Concentrex (CCTX) stock fell 18 percent after reporting a third-quarter loss of $9.2 million, or $1.76 per diluted share, compared with net income of $1.6 million, or 31 cents per diluted share, in the-year-earlier period.
Portland, Ore.-based Concentrex, which makes business software for financial institutions, lost 1-3/4 to 7-7/8.
Shares of Silicon Graphics (SGI), a computer systems maker, fell 24 percent after it reported a worse-than-expected fiscal first-quarter loss of $68 million, or 37 cents per share.
Palo Alto, Calif.-based Silicon Graphics dropped 2-7/16 to 7-9/16.
|