Chip makers recovered from the fall last week, with Nvidia shares gaining 11.3 percent, to $24.73, after Barron's said the stock could nearly double in price this year.
A weaker-than-expected gross domestic product figure and a flurry of late-day trading left stocks widely mixed yesterday, with technology issues and small capitalization shares gaining as blue chips suffered.
The demise of City Link was deemed good news for Royal Mail with its shares gaining more than 4% to make it the biggest riser in the FTSE 100 on Monday.
VA Linux, for example, a start-up which, in late 1999, enjoyed the most successful flotation ever with shares gaining almost 700% on their first day of trading—recently said it would cut a quarter of its staff and take nine months longer than planned to achieve profitability.
Oil refiner Valero Energy finished third, with shares gaining 104%.
A shorter-term view is also solid, with the shares gaining altitude along support from their ten-day and 20-day moving averages.
