Today's Market Winners and Losers
The stock market is down Wednesday, with the Dow Jones Industrial Average down 0.26%, the Nasdaq down 0.35% and the S&P 500 down 0.22%. Today's winners include a paper company that rose in its initial public offering, a photo-sharing website that reported better-than-expected sales and a videogame maker that reported better-than-expected profits. Today's sole loser was a videogame seller that could be hurt due to a change with XBox.
These are Wednesday's market winners and loser.
Shares of Boise Cascade Co. (NYSE: BCC) are up 25% to $26.25 on trading volume of 7.7 million shares. The company priced about 11.8 million shares at $21 in an initial public offering, with shares beginning to trade on Wednesday.
Shares of Shutterfuly Inc. (NASDAQ: SFLY) are up 18.34% to $39.75 on trading volume of 4.1 million shares. The online photo-sharing service reported fourth-quarter sales of $351.8 million, significantly better than the $309.7 million Wall St. analysts were predicting. Before Wednesday, the 52-week high was $35.00.
Shares of Take-Two Interactive Software Inc. (NASDAQ: TTWO) are up 11.06% to $14.06 on trading volume of 2.8 million shares. The company reported a third-quarter profit of $0.67 a share, better than the $0.54 a share Wall St. analysts had expected. The 52-week high is $16.35.
Shares of Gamestop Corp. (NYSE: GME) are down 8.39% to $24.52 on trading volume of 4.8 million shares. Shares fell after reports that the next generation of XBox game consoles will not allow users to install used games. The 52-week low was $15.32.
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Filed under: 24/7 Wall St. Wire Tagged: BCC, GME, SFLY, TTWO