A 10.5% increase on volume which is almost 6 times normal usually would be accompanied by some explanation. GLW today experienced a significant increase in share price on volume which is extraordinary. Query: what is the explanation for this? Second, is this buying by institutions or individuals?
Today's volume on the NYSE was light. GLW's was particularly heavy.
Another stock which was a similar phenomenon was ERICY, which increased 14.5% on double normal volume. Again, no explantion. This on a day when the markets were down. ERICY's prime competitor, Nokia, was down today.