BUZZ-U.S. Stocks on the Move-Counterpath, Euro Tech, Intercloud

Mon Jul 21, 2014 1:11pm EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and Gaza continue to garner investor focus. The Dow Jones industrial average was down 0.37 percent at 17,037.28, the S&P 500 was down 0.35 percent at 1,971.24 and the Nasdaq Composite was down 0.29 percent at 4,419.23.

** COUNTERPATH CORP, $1.5999, +46.79 pct

The mobile software maker said it got a patent for verifying users through mobile subscriber identification module (SIM) cards

The company's shares more than doubled to an intra-day high on Monday. More than 5 million shares changed hands by 1140 ET, more than 200 times the stock's 10-day moving average.

** EURO TECH HOLDINGS CO LTD, $5.23, +26.64 pct

The water treatment equipment supplier got an approval certificate from China's Classification Society (CCS) for the company's 300 cubic meter per hour ballast water treatment systems (BWTS)

Euro Tech's stock was the biggest percentage gainer on the Nasdaq with more than 950,000 shares traded by 1055 ET, compared with a 10-day moving average of 6,006.

  Continued...