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 Synutra International
So what: Even with the shortened trading session, the Synutra surge comes on roughly double the stock's three-month average trading volume. Despite posting a much wider-than-expected second-quarter loss just a few weeks ago, the shares have managed to climb by about 30% in November.
Now what: It's tough to explain exactly what's driving Synutra's month-long surge, let alone today's 15%-plus climb. After all, weakening sales also prompted management to cut its profit guidance for next year by $0.30. With rival American Dairy