Largest Volume Increases of Note 06/27: IWV, MMS, TTWO, MRVL

June 27, 2006 3:44 PM EDT
Largest Volume Increases of Note:

iShares Russell 3000 Index (AMEX: IWV): volume is 2533% above the 5-day average today. The ETF is 0.9% lower in mid-day action.

MAXIMUS Inc. (NYSE: MMS): volume is 2002% above the 5-day average today after the company estimated that it will incur $45 million to $50 million of pre-tax losses on this project during the second half of fiscal 2006. The Company expects to incur approximately $35 million to $38 million of these pre-tax losses in its third fiscal quarter, of which approximately $18 million is attributable to impairment of deferred contract costs. The stock is 21% lower in mid-day action.

Take-Two Interactive Software Inc. (Nasdaq: TTWO): volume is 1611% above the 5-day average today after the company received subpoenas related to a hidden sex scene in video game Grand Theft Auto: San Andreas. The stock is 15% lower in mid-day action.

Marvell Technology Group Ltd. (Nasdaq: MRVL): volume is 894% above the 5-day average today after the company bought an Intel unit for $600M. The stock is 15% lower in mid-day action.

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