These are Friday’s market winners and losers.
Source: Photo by Spencer Platt/Getty Images
Biggest Winners
Shares of LinkedIn Corp. (NYSE: LNKD) are up 19.01% to $147.67, on trading volume of 5.1 million shares. The company reported a fourth-quarter profit of $0.35 a share, better than the $0.19 a share Wall St. analysts polled by Reuters expected. were projecting. Before Friday, the 52-week high was $127.45.
Shares of AOL Inc. (NYSE: AOL) are up 10.79% to $34.80. The company reported fourth-quarter sales of $599.5 million, better than the $573.7 million Wall St. analysts expected. The 52-week high is $43.93.
Biggest Losers
Shares of EnteroMedics Inc. (NASDAQ: ETRM) are down 57.01% to $1.22, on trading volume of 7 million shares. The company reported that its weight-loss device, VBLOC, failed in a study. Before Friday, the 52-week low was $1.95.
Shares of Riverbed Technology Inc. (NASDAQ: RVBD) are down 19.65% to $16.15, on trading volume of 9.3 million shares. Although fourth-quarter profit of $0.29 a share was in line with consensus estimates, the company projected first-quarter profits of $0.23 to $0.24 a share, below the $0.26 a share Wall St. expects. The 52-week low is $13.30.
Shares of Nuance Communications Inc. (NASDAQ: NUAN) are down 18.54% to $20.00, on trading volume of 13.4 million shares. Although first-quarter sales came in slightly above consensus estimates, the company’s earnings of $0.35 cents a share were a penny below Wall St. estimates. The 52-week low was $19.33.
Follow Samuel on Twitter: SWeigley
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
