|
Tuesday’s hot stocks
|
 |
December 21, 1999: 2:01 p.m. ET
Big day for ISPs as Juno, Internet America, NetZero catapult
|
NEW YORK (CNNfn) - An internet service provider’s shares rose strongly for the second straight session Tuesday, taking several other ISPs along for the ride, after it announced free online access.
In the early session’s highest flyer, Juno Online Services Inc. (JWEB) jumped 121 percent, continuing a stellar run that began Monday, when the firm announced a free Internet service.
New York-based Juno jumped 35 to 64 in heavy trading. More than 21 million shares changed hands, making Juno Nasdaq’s most heavily traded stock.
Other ISPs shared in the gains. Internet America Inc. (GEEK) leapt 6-1/8, or 73 percent, to 14-1/2. NetZero (NZRO) gained 6-1/2, or 24 percent, to 29-13/16.
Clarus Corp. (CLRS), a provider of business-to-business electronic commerce services, gained 23 percent after saying it expects fourth-quarter financial results will meet or exceed analysts' projections.
Atlanta-based Clarus rose 10 to 54.
But Vixel Corp. (VIXL) fell 32 percent after the storage area network maker warned it expects a loss of $6 million to $6.9 million in its fiscal fourth quarter.
Stock in Bothell, Wash.-based Vixel fell 10-9/64 to 20-39/64.
Similarly, American Retirement Corp. (ACR) fell 22 percent after the nursing and home health-care services provider said it expects a fourth-quarter loss of about 35 cents to 39 cents per share.
Brentwood, Tenn.-based American Retirement lost 1-3/8 to 4-3/4.
GetThere.com (GTHR) gained 43 percent after Salomon Smith Barney imitated coverage on the online travel agency with a "buy” rating.
Menlo Park, Calif.-based GetThere rose 13-1/2 to 44-3/4.
Madge Networks N.V. (MADGF) rose 60 percent after saying it joined forces with RealNetworks (RNWK) to build what it calls the largest European network for delivering audio and video over the Internet.
Shares of Netherlands-based Madge rose 3-11/32 to 8-29/32.
Micro Warehouse Inc. (MWHS), which sells computers online and through catalogs, rose 18 percent after saying it is being bought for $19 a share by an investor group.
Norwalk, Conn.-based Micro Warehouse rose 2-13/16 to 18-1/16. 
|
|
|
|
|
 |
|
