March 14, 2013 at 18:19 PM EDT
Leading Stocks Rise; CommVault Tops 79.63 Buy Point
CommVault (CVLT) broke out above a 79.63 buy point in huge volume Thursday, hitting a new high on a day when most other leading stocks showed quiet action. The developer of database management software soared 6.63, or 9%, to 84.20 in huge volume following a Bloomberg report that said CommVault could be a takeover target. The big gain sent the stock 6% beyond the 79.63 buy point from a flat base, putting it just out of buying range. The software
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