downstream products

Unusual 11 Mid-Day Movers 8/26: FRE, ANPI, RBY, COIN Higher; SIR...

StreetInsider.com News Articles  Tue, 08/26/2008 - 11:06

StreetInsider.com Unusual 11 Mid-Day Movers: Freddie Mac (NYSE: FRE) 24.9% HIGHER; shares of Fannie are being bid up today as there is a growing opposition to the view that the common stock will be worthless.

As traders seem to be believing that a bailout is less likely, nervous shorts may be covering their downside bets this morning, creating upside.

SiRF Technology Holdings, Inc. (Nasdaq: SIRF) 19.1% LOWER; Broadcom Corporation (Nasdaq: BRCM) announced that an Administrative Law Judge has recommended that the U.S.