NEW YORK (CNNfn) - An online retailer’s stock soared after announcing a sharp increase in Web site traffic Wednesday while a financial turnaround lifted shares in a television producer.
Egghead.com (EGGS), an online computer and technology retailer, leapt 58 percent after saying Media Metrix named it among the top ten
e-commerce sites for the week ended Dec. 19, with 1.1 million estimated unique visitors.
Menlo Park, Calif.-based Egghead gained 6-3/4 to 18-5/16. More than 15 million shares changed hands, making Egghead the most actively traded Nasdaq stock.
Kushner Locke (KLOC), which produces television programming and films, gained 56 percent after saying it earned 38 cents per share in its recently ended fiscal year, compared with losses of 68 cents per share in the year-earlier period.
Los Angeles-based Kushner gained 2-3/32 to 5-13/16
Qiao Xing Universal Telephone Inc. (XING) fell 40 percent after Reuters reported the company is a long way from getting permission to make CDMA mobile phones in China.
China-based Qiao Xing Universal dropped 20-1/4 to 3-3/4.
A series of other Chinese companies fell as well. China Prosperity International Holdings Ltd (CPIH), a construction firm, lost 2-5/8, or 18 percent, to 11-3/8. China Resources Development (CHRB) dropped 3-5/8, or 27 percent, to 10.
Jenny Craig Inc. (JC), meanwhile, rose Wednesday, continuing gains from Tuesday when the company said Monica Lewinsky, the former White House intern involved in a sexual relationship with President Clinton, will appear in TV commercials for the operator of weight-loss centers.
The La Jolla, Calif.-based firm gained 7/16, or 16 percent, to 3-1/4.
Several online brokers posted solid gains after Charles Schwab Corp. (SCH) said it expects profits to jump as much as 61 percent in the fourth quarter, topping Wall Street forecasts.
TD Waterhouse (TWE) rose 1-3/8, or 9 percent, to 16-11/16. Donaldson Lufkin & Jenrette (DLJ) climbed 1-1/16, or 8 percent, to 14-5/16. E*Trade (EGRP) jumped 2-7/16, or 9 percent, to 28-3/16.
Schwab, by the way, climbed 3-1/16, or 9 percent, to 37-3/8.
USABancShares.com (USAB), a bank holding company, rose 47 percent after saying it will launch a Web site specializing in online business-to-business banking services and stock brokerage services.
Philadelphia-based USABancShares rose 3-3/8 to 10-5/8. 
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