Today's Market Winners and Losers
The stock market is mixed Monday, with the Dow Jones Industrial Average down 0.08%, the Nasdaq up 0.17% and the S&P 500 down 0.01%. Today's winners are an online gaming firm that may benefit from recent legislative action and a bookstore that may be taken private. Today's losers are a pharmaceutical firm recalling a drug, another drugmaker receiving scrutiny from the Food and Drug Administration and a 3D printing company reporting weak quarterly results.
These are Monday's market winners and losers.
Shares of Zynga, Inc. (NASDAQ: ZNGA) are up 13.48% to $3.62 on trading volume of 51 million shares. The compaany's shares rose after Nevada legalized online gambling last week along with optimism that other states may eventually follow suit. The 52-week high is $15.91.
Shares of Barnes & Noble, Inc. (NYSE: BKS) are up 8.15% to $14.61 on trading volume of 2.8 million shares. Founder and chairman Leonard Riggio announced Monday he would make a bid for the book-store chain in attempts to take it private. The 52-week high is $26.00.
Shares of Affymax, Inc. (NASDAQ: AFFY) are down 85.65% to $2.37 on trading volume of 38.3 million shares. The company announced it was recalling its anemia drug Omontys following reports of serious allegric reactions in kidney dialysis patients, with some resulting in deaths. Before Monday, the 52-week low was $10.20.
Shares of Dynavax Technologies Corporation (NASDAQ: DVAX) are down 35.08% to $1.93 on trading volume of 12.7 million shares. The FDA announced its refusal to approve the company's hepatitis B vaccine unless Dynavax provides more information regarding the drug's safety. Before Monday, the 52-week low was $2.22.
Shares of 3D Systems Corp. (NYSE: DDD) are down 12.48% to $33.23 on trading volume of 7.9 million shares. The printing company reported fourth-quarter earnings of 19 cents a share, below the 26 cents a share Wall Street analysts expected. The 52-week low is $20.89.
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Filed under: 24/7 Wall St. Wire Tagged: AFFY, BKS, DDD, DVAX, ZNGA