Today's Market Winners and Losers
The stock market is mixed Friday, with the Dow Jones Industrial Average down 0.08%, the Nasdaq down 0.06% and the S&P 500 up 0.22%. Today’s biggest winners both beat earnings expectations, but the ever-popular Apple Inc. (NASDAQ: AAPL) has sent two company shares plummeting.
These are Friday’s market winners and losers.
Shares of Quicksilver Inc. (NYSE: ZQK) are up 20.58% to $3.69 on trading volume of 2.6 million shares. The clothier earned 7 cents a share in the third quarter, better than Wall Street expectations of 5 cents a share. The 52-week high is $4.89.
Shares of Smith & Wesson Holding Corporation (NASDAQ: SWHC) are up 14.91% to $10.34 on trading volume of 9.1 million shares. The gun manufacturer reported a first-quarter profit of 28 cents a share, better than the 18 cents a share expected on Wall Street. The company also raised its full-year sales and earnings guidance. Before Friday, the 52-week high was $10.25.
Shares of Audience, Inc. (NASDAQ: ADNC) are down 67.79% to $6.07 on trading volume of 5 million shares. The chip maker announced Thursday that Apple will probably not use Audience’s technology in the new iPhone. Before Friday, the 52-week low was $15.15.
Shares of Pandora Media, Inc. (NYSE: P) are down 18.18% to $10.28 on trading volume of 11.8 million shares. The Wall Street Journal reported that Apple is in talks to gain licensing for streaming radio. The 52-week low is $7.83.
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