Montag, 23. November 2009

Market Winners & Losers: King Pharmaceuticals, MBIA

The major indexes fell for the second day in a row, with the Dow closing down 0.9%, the S&P 500 falling 1.3% and the Nasdaq slipping 1.7%.

Here are Thursday’s winners and losers:

Winners

King Pharmaceuticals Inc. (KG)
The pharmaceutical company saw its stock jump 5.1% to a yearly high. KG shares last traded at $11.76, a gain of 57 cents on the day.

NetApp Inc. (NTAP)
The data-storage solutions provider climbed 4.1% after the company reported a better-than-expected quarterly profit. NTAP shares closed at $30.83, up $1.21 on the day.

Whole Foods Market Inc. (WFMI)
The green grocer added 2.9% to its stock price after an upgrade by BMO Capital Markets. WFMI shares finished trading at $36.97, a gain of 76 cents on the day.

GameStop Corp. (GME)
The video-game retailer’s stock gained 1.7% as higher video game sales boosted its profit in the third quarter. GME shares ended Thursday’s session at $24.50, up 41cents on the day.

Time Warner Cable Inc. (TWC)
The cable provider rose 1.5%, bucking sector trends. TWC shares last traded at $43.02, a gain of 65 cents on the day.

Losers

MBIA Inc. (MBIA)
The insurer sank 6.5%, with shares closing at $3.57, a loss of 25 cents on the day.

ProLogis (PLD)
Shares of ProLogis fell 6.2%, leading the sector lower. The stock finished trading at $13.24, down 88 cents on the day.

MEMC Electronic Materials Inc. (WFR)
The semiconductor manufacturer’s stock dropped 5.6%, continuing its downward plunge. WFR shares ended Thursday’s session at $12.35 a loss of 73 cents on the day.

Rowan Cos. Inc. (RDC)
The drilling service provider closed down 5.5% following sinking oil prices. RDC shares last traded at $25.41, down $1.48 on the day.

Nabors Industries Ltd. (NBR)
The drilling contractor lost 5.4% Thursday following a dip in crude prices. NBR shares closed at $21.04, a loss of $1.21 on the day.

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