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Wednesday, 01/19/2011 8:25:06 PM

Wednesday, January 19, 2011 8:25:06 PM

Post# of 36
drugstore.com, inc. (NASDAQ: DSCM) Posts Large Volume Increase, Hits $2.39

Shares of drugstore.com, inc. (NASDAQ: DSCM) saw unusually high trading volume on Tuesday. Approximately 2,204,000 shares changed hands during mid-day trading, an increase of 139.51% from the previous session. The stock last traded at $2.39.

On a related note, analysts at Zacks Investment Research upgraded shares of drugstore.com, inc. from an “underperform” rating to a “neutral” rating in a research note to investors on Friday.

drugstore.com, inc. is an online provider of health, beauty, vision and pharmacy products. The Company offers health, beauty, household and other non-prescription products and prescription medications, through its Web store located at www.drugstore.com. It also offers beauty products, through its Web store located at www.beauty.com (which is also accessible through the drugstore.com Website); contact lenses, through its wholly owned subsidiary, Vision Direct Inc. (Vision Direct), through Web stores located at www.visiondirect.com, www.lensmart.com, www.lensworld.com, and www.lensquest.com (which are also accessible, through the drugstore.com Website), and nutritional supplement programs, through the Company’s wholly owned subsidiary, Custom Nutrition Services, Inc. (CNS). It operates in three segments: over-the-counter (OTC), vision and mail-order pharmacy. On February 19, 2010, the Company acquired Salu, Inc.

drugstore.com, inc. (NASDAQ: DSCM) traded down 4.60% during mid-day trading on Tuesday. The stock has a 52 week low of $1.48 and a 52 week high of $3.95. Its 50-day moving average is $2.02 and its 200-day moving average is $2.05. The company has a market cap of $241.7 million and a price-to-earnings ratio of N/A.

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http://www.americanbankingnews.com/2011/01/18/drugstore-com-inc-nasdaq-dscm-posts-large-volume-increase-hits-2-39/

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