Volume Spike Investor

Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA) is trading up nearly 6% pre-market on somewhat thin volume.  The Chinese market gaming software company reported earnings of $0.58 EPS before items, but the company was only expected to post 0.51 EPS.

Shanda has traded only 11,880 shares as of 8:46 AM EST and shares are up 5.8% at $27.95.  The 52-week trading range is $20.85 to $40.71 and the average volume is about 820,000 shares.  The stock does have options with liquidity.

Jon C. Ogg
September 3, 2008