BUSINESS NEWS: SunOpta's Shares in Demand

In contrast with Planet Organic, SunOpta appears to have recovered from its recent difficulties and has regained the confidence of investors

SunOpta's Shares Rebound

SunOpta's Shares Changing Hands at Higher Prices on 1.1x Above-Average Volume (STKL)

Written on Tue, 06/01/2010 - 2:02pm

By Chip Brian

Shares of SunOpta (NASDAQ:STKL) are trading up 6.4% to $5.02 today on above average volume. Approximately 444,000 shares have traded hands today vs. average 30-day volume of 214,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of STKL to see if this bullish momentum will continue.
SmarTrend is bullish on shares of SunOpta and our subscribers were alerted to buy on March 02, 2010 at $3.10. The stock has risen 61.9% since the alert was issued.

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