Today’s Market Winners and Losers

The stock market is mixed Wednesday, with the Dow Jones Industrial Average up 0.14%, the Nasdaq down 0.14% and the S&P 500 up 0.05%. Today’s winner is a popular company trying to capitalize on increasing use of mobile technology, while…

By 247sam
Published September 19, 2012, 10:48am ET · 1 min read

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
The stock market is mixed Wednesday, with the Dow Jones Industrial Average up 0.14%, the Nasdaq down 0.14% and the S&P 500 up 0.05%. Today’s winner is a popular company trying to capitalize on increasing use of mobile technology, while today’s loser is a pharmaceutical company whose drug won’t be covered by a major insurer.

This is Wednesday’s biggest winner and loser.

Biggest Winner

Shares of Groupon Inc. (NASDAQ: GRPN) are up  8.74% to $5.10 on trading volume of 9.4 million shares. The daily-deals company on Wednesday announced it had introduced a mobile payment service for Apple Inc.’s (NASDAQ: AAPL) iPad and iPod Touch. The 52-week high is $31.14.

Biggest Loser

Shares of Questor Pharmaceuticals Inc. (NASDAQ: QCOR) are down 35.61% to $32.52 on trading volume of 10.8 million shares. Citron Research announced that Aetna Inc. (NYSE: AET) is dropping nearly all of its coverage for Questor’s drug to help treat multiple sclerosis and nephrotic syndrome, according to theflyonthewall.com.  The 52-week low is $24.14.

Samuel Weigley

Follow him on Twitter: SWeigley

Contact [email protected] for any questions or corrections.