Today's Market Winners and Losers

TradersThe stock market is up Tuesday, with the Dow Jones Industrial Average up 0.79%, the Nasdaq up 0.92% and the S&P 500 up 0.87%. Today's winners are a media company and a biotherapeutics company reporting that they are in the process of selling their respective companies. Today's losers include a search-engine company whose financials caused some concern among investors and a coal company who reported worse-than-expected earnings.

These are Tueday's market winners and losers.

Biggest Winners

Shares of Virgin Media Inc. (NASDAQ: VMED) are up 16.96% to $45.25 on trading volume of 19.6 million shares. The company is in talks with Liberty Global Inc. (NASDAQ: LBTYA) over a takeover. Before Tuesday, the 52-week high was $40.25.

Shares of Protalix BioTherapeutics Inc. (NYSEMKT: PLX) are up 16.79% t0 $6.26 on trading volume of 4.3 million shares. The company is looking to sell for about $1 billion. The 52-week high is $7.70.

Biggest Losers

Shares of Baidu Inc. (NASDAQ: BIDU) are down 10.63% to $95.80 on trading volume of 10.7 million shares. While the company reported higher profits in the fourth quarter compared to a year earlier, analysts expressed concern that the company has not monetized mobile enough and is concerned about a stagnant market share. The 52-week low is $85.96.

Shares of Arch Coal Inc. (NYSE: ACI) are down 8.23% to $6.36 on trading volume of 14.5 million shares. The company lost $0.42 a share in the fourth quarter, far worse than the $0.17 a share loss Wall St. analysts were expecting. The 52-week low is $5.16.

Follow Samuel on Twitter: SWeigley

Filed under: 24/7 Wall St. Wire Tagged: ACI, BIDU, LBTYA, PLX, VMED
Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.