Wednesday March 31, 6:00 pm Eastern Time
AFTER THE BELL - Broadcast.com up 6-13/16
NEW YORK, March 31 (Reuters) - Shares of online video company Broadcast.com soared 6-13/16 to 125 on
Instinet Wednesday evening before Nasdaq halted trading in the stock for pending news.
Yahoo! Inc. was also halted after the market close for news pending. No news on either companies has been
announced.
On the Nasdaq, Broadcast.com closed at 118-3/16, up 4-13/16, while closed at 168-3/8, off 3-15/16.
Yahoo! was reported to be in talks to buy Broadcast.com in a deal that would help it meet growing demand for media-rich services like film and
audio clips.
Meanwhile, Silicon Graphics Inc (NYSE:SGI - news) stock was also halted. On the New York Stock Exchange, it rose 2-7/16 to 16-11/16.
The computer workstation maker warned Wednesday that it expects to report a third-quarter loss that is 20-25 cents a share larger than Wall
Street's consensus of a loss of 7 cents a share.
The New York Stock Exchange said session one volume was 2,242,700, versus 2,067,200 Tuesday. Session two volume was 6,293,056,
compared with 1,433,686 Tuesday. |
