Wednesday, February 06, 2013 – Here is today’s summary of U.S. stock market activities – Major Headlines, Top Losers, Top Winners, Advances & Declines.
Stock Market Headlines
Stocks ended flat today with the Dow (DJIA) rising 0.05% and the Nasdaq and S&P 500 both essentially unchanged. There were no major economic, political or corporate news to move the markets today.
Most Active Stocks – Top Gainers By Percentage (NYSE & NASDAQ)
- Shares of Boise Cascade (Stock: BCC) were the highest gainer across the NYSE and Nasdaq. Today, the firm went public, selling 11.76 million common shares at a $21 IPO price.
- As reported by CBS: “riding a U.S. housing recovery and a booming stock market, Boise Cascade (BCC), a maker of plywood and other building materials, jumped 24 percent in its market debut making it the latest big first-day gain for an IPO”.
- Shutterfly (SFLY), a company that allows users to enhance, share and store their digital images, was the next highest gainer across the NYSE and Nasdaq. The firm’s stock price soared 20.27% today due to better than expected quarterly results. SFLY reported EPS of $1.40, which beat stock analysts’ $1.01 EPS forecast
Most Active Stocks – Top Losers By Percentage (NYSE & NASDAQ)
- The stock price of Vocus, Inc. dropped -13.64%, making it the biggest loser across the NYSE and Nasdaq. The firm reported great earnings figures, but Wall Street was unimpressed and had expected more. Q4 revenue was $47.4 million (a 55% increase from the previous year) and the firm announced that its operating income continues to improve.
- Elan ADS (ELN) was the next biggest loser, declining -10.13% to close the day at $9.40. The firm announced that it was selling its rights to “the multiple-sclerosis drug Tysabri” to Biogen, Inc. Investors did not take kindly to the news and sent Elan’s shares tumbling.
Financial Market Data powered by Quotemedia.com. All rights reserved. Quote data delayed 15 minutes unless otherwise indicated. View the Terms of Use. Data was also obtained from The Wall Street Journal
