Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of large-scale storage specialist Quantum
So what: Last night's second-quarter report first inspired an after-hours sell-off in low volume, but the stock worked its way up rapidly after the opening bell to strong gains on much heavier volume as one analyst upped his target price on the stock. That's the fourth 10% upward single-day move for Quantum in the last month, and the second this week alone.
Now what: The storage market is in flux, clearly unsettling investors in many of the smaller players. Big boys EMC
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