Here are Thursday’s market winners and loser.
Biggest Winners
Shares of Robbins & Myers Inc. (NYSE: RBN) are up 27.05% to $59.47 on trading volume of 10.5 million shares. Oilfield equipment maker National Oilwell Varco Inc. (NYSE: NOV) will purchase Robbins & Myers for $2.54 billion in cash, or $60 a share. Before Thursday, the 52-week high was $53.50
Shares of Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) are up 17.81% to $11.31 on trading volume of 5.4 million shares. The company on Wednesday raised its full-year profit outlook to between 77 cents and 83 cents a share, up from 74 cents and 80 cents a share. The 52-week high is $21.66.
Biggest Loser
Shares of Doral Financial Corp. (NYSE: DRL) are down 26.10% to $1.08 on trading volume of 1.8 million shares. The company reported a second-quarter loss of $1.6 million, compared to the $2.6 million profit reported in the year-earlier period. The 52-week low is 56 cents.
Samuel Weigley
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.