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One day, you are a "struggling" ISP, with your stock languishing in the $15 to $30 range. The next day, you announce that you are offering free Internet access service, and your stock takes off. That's what happened to Juno Online Services (NASDAQ:JWEB), which saw its stock explode from Friday's closing price of $16.38 to $66.75 at the end of Tuesday's trading. Generally, Juno's stock volume has been in the 10,000 to 20,000 range per day...
Shares of Netcentives (NASDAQ:NCNT) jumped 14 percent on Tuesday from $55 to $62.75, and were up $20.25 to $83 in early trading on Wednesday. The stock soared because of news that financial giant Citigroup chose Netcentives' ClickRewards program to reward shoppers who use Citigroup's new CitiWallet electronic wallet. Netcentives develops online customer retention programs that are based upon rewards for e-commerce purchases...
On Tuesday, shares of PurchasePro.com (NASDAQ:PPRO) jumped 16 percent to a close of $132.25 and were up about $5 in early trading Wednesday. PurchasePro.com recently effected a 3 for 2 stock split and also announced that it is planning a follow-on public offering of three million shares, but otherwise had no specific news to account for the jump ...
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