Today’s Market Winners and Losers
Photo by Spencer Platt/Getty ImagesStocks are up Tuesday, with the Dow Jones Industrial Average up 0.11%, the Nasdaq up 0.17% and the S&P 500 up 0.12%. Today’s winners include a company shedding core assets and another getting bought out by…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Stocks are up Tuesday, with the Dow Jones Industrial Average up 0.11%, the Nasdaq up 0.17% and the S&P 500 up 0.12%. Today’s winners include a company shedding core assets and another getting bought out by a rival firm. Meanwhile, today’s loser is selling a round of common stock at the end of the week.
Here are Tuesday’s market winners and loser.
Biggest Winners
Shares of SeaBright Holdings, Inc. (NYSE: SBX) are up 32.77% to $10.98 on trading volume of 3.9 million shares. The insurance company will be acquired by Enstar Group Limited (NASDAQ: ESGR) for $11.11 a share. Before Tuesday, the 52-week high was $9.55.
Shares of Lexmark International Inc. (NYSE: LXK) are up 17.20% to $22.28 on trading volume of 3.3 million shares. The company has announced it is looking to exit the inkjet printer business and plans to cut 1,700 jobs. The 52-week high is $38.34.
Biggest Loser
Shares of Catalyst Pharmaceutical Partners Inc. (NASDAQ: CPRX) are down 21.69% to $1.48 on trading volume of 3.2 million shares. The company is looking to raise an addition $6 million in a stock offering on Friday. The 52-week low is 50 cents.
Samuel Weigley
Follow him on Twitter: SWeigley
Contact [email protected] for any questions or corrections.