Today’s Market Winners and Losers
Photo by Spencer Platt/Getty ImagesStocks are mixed Friday, with the Dow Jones Industrial Average up 0.11%, the Nasdaq up 0.02% and the S&P 500 down 0.01%. Friday’s winners include a wireless equipment manufacturers boosting revenue and a struggling supermarket chain getting closer to…
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Stocks are mixed Friday, with the Dow Jones Industrial Average up 0.11%, the Nasdaq up 0.02% and the S&P 500 down 0.01%. Friday’s winners include a wireless equipment manufacturers boosting revenue and a struggling supermarket chain getting closer to a buyout. Meanwhile, the only loser is a software maker who missed second-quarter earnings expectations.
These are Friday’s market winners and loser.
Biggest Winners
Shares of Aruba Networks, Inc. (NASDAQ: ARUN) are up 18.38% to $20.03 on trading volume of 5.1 million shares. Excluding special items, the wireless equipment maker reported fourth-quarter earnings of 18 cents a share, better than the 17 cents a share Wall Street was expecting, on revenue growth of 22%. The 52-week high is $25.55.
Shares of SUPERVALU Inc. (NYSE: SVU) are up 10.37% to $2.34 on trading volume of 3 million shares. Bloomberg reports that the grocery chain is asking potential buyers to purchase the entire company rather than just parts. The 52-week high is $8.75.
Biggest Loser
Shares of Autodesk, Inc. (NASDAQ: ADSK) are down 15.96% to $30.01 on trading volume of 17.6 million shares. The company’s second-quarter earnings of 28 cents a share is below the 48 cents a share Wall Street was expecting. The 52-week low is $24.63.
Samuel Weigley
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