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Broadcom Corporation (NASDAQ: BRCM) shares gained 2.26 percent to close at $28.51 a share Tuesday. The stock traded between $28.11 and $28.90 on volume 18.24 million shares traded. The company has raised its guidance range for fourth quarter revenues to approximately $2.0 - $2.05 billion. Shares of Broadcom have fallen approximately 14.0 percent year-to-date.
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Comtech Telecommunications Corp. (NASDAQ: CMTL) shares gained 2.01 percent to close at $31.92 a share Tuesday. The stock traded between $31.25 and $33.65 on volume of 496,066 shares traded. The company announced that it has raised its annual target dividend from $1.10 per share to $1.20 per share. Shares of Comtech Telecommunications have gained approximately 25.0 percent year-to-date.
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Eagle Bulk Shipping Inc. (NASDAQ: EGLE) shares dropped 12.39 percent to close at $3.11 a share Tuesday. The stock traded between $2.78 and $3.25 on volume 3.41 million shares traded. The Wall Street Journal has reported that the company and Genco Shipping & Trading Ltd. have been working with "restructuring advisers after key creditors sold large blocks of debt to distressed investors amid balance sheet concerns." Shares of Eagle Bulk Shipping have gained approximately 110.0 percent year-to-date.
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Navidea Biopharmaceuticals Inc. (NYSEMKT: NAVB) shares spiked 12.02 percent to close at $2.05 a share Tuesday. The stock traded between $1.90 and $2.20 on volume 7.29 million shares traded. The company announced that the FDA has granted Fast Track designation to Lymphoseek Injection for sentinel lymph node detection in patients with head and neck cancer. Shares of Navidea Biopharmaceuticals have gained approximately 23.0 percent year-to-date.
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