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Momentum Stocks At Street: Wi-LAN, Samsung Electronics, Ashford Hospitality, American Express, McKesson, Archer Daniels Midland, Quantum

Technology licensing firm Wi-LAN Inc – US listing (NASDAQ:WILN) decided to a broad long-term renewal of a licensing contract with Samsung Electronics Co. (SSNHY) for the Ottawa-based firm’s patents for wireless products.

Shares of Wi-LAN Inc – US listing (NASDAQ:WILN) opened at $4.53 with and touched its highest price of $4.72 during the day and then finished at $4.50 by scoring +9.22%. In the whole session, it traded on volume of 198,885 shares which turned higher than its average volume.

Ashford Hospitality Trust, Inc. (NYSE:AHT) proposing of 11M shares priced at a 3.5% discount to the lodging-industry real-estate investment trust’s closing price.

Ashford Hospitality Trust, Inc. (NYSE:AHT) begun last trade with a price of $11.79 and throughout the trading session climbed at a high of $11.90. The day-trade ended with a decreased of -6.75% to $11.60. The stock is going forward its 52 week low with 63.83% and lagging behind from its 52 week high price with -18.65%. AHT last month stock price volatility remained 3.29%.

American Express Company (NYSE:AXP) appointed McKesson Corporation (NYSE:MCK) chief financial officer, Jeffrey C. Campbell, while its new finance chief, succeeding Daniel Henry, who previous month publicized plans to retire.

Shares of American Express Company (NYSE:AXP) traded at $73.31 by increasing +0.53% with price volatility of 1.58% for a week and 1.87% for a month. Its price volatility’s Average True Range for 14 days was 1.51 and its beta stands at 1.78 times. The stock after opening at $73.38 hit high price of $73.79 and on last session stock held volume of 7.54 million shares which was unexpectedly higher than its average volume of 6.15 million shares.

McKesson Corporation (NYSE:MCK) stock hit highest price at $112.88, beginning with a price of $111.84 and reported a gain of +0.16% to the closed at $110.97 with a day range of $110.53-$112.88. The stock is going forward its 52 week low with 31.86% and lagging behind from its 52 week high price with -6.83%.

Agricultural giant Archer Daniels Midland Company (NYSE:ADM) established it is in discussions regarding the probable sale of its cocoa business, a unit that represents a small part of its revenue.

Archer Daniels Midland Company (NYSE:ADM) stock hit highest price at $33.49, beginning with a price of $33.01 and reported a gain of +1.47% to the closed at $33.09 with a day range of $32.77-$33.49. The total market capitalization remained $Y million, total volume of 6.27 million shares held in the session was surprisingly higher than its average volume of 3.76 million shares.

Quantum Corp (NYSE:QTM) begun last trade with a price of $1.37 and throughout the trading session climbed at a high of $1.42. The day-trade ended with an advance of +3.65% to $1.42. The stock is going forward its 52 week low with 42.00% and lagging behind from its 52 week high price with -35.16%. QTM last month stock price volatility remained 5.21%.


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