Today's Market Winners and Losers
Stocks are up Wednesday, with the Dow Jones Industrial Average up 0.26%, the Nasdaq up 0.11% and the S&P 500 up 0.10%. Today's only winner is a struggling retailer who will affirm its full-year forecast. Meanwhile, a gold mining company lowering its expectations and a specialty retailer losing its CEO make today's loser list.
Here are Wednesday's market winner and losers.
Shares of Office Depot Inc. (NYSE: ODP) are up 11.8% to $1.80 on trading volume of 4.6 million shares. The retailer plans to affirm its full-year forecast on Wednesday at a Goldman Sachs retail conference, according to news reports. The 52-week high is $3.81.
Shares of AuRico Gold Inc. (NYSE: AUQ) are down 21.46% to $5.49 on trading volume of 4.2 million shares. The miner has announced lower operation estimates for both 2012 and 2013. Before Wednesday, the 52-week low was $6.06.
Shares of Francesca's Holdings Corp. (NASDAQ: FRAN) are down 12.92% to $31.41 on trading volume of 3.4 million shares. Shares of the retailer fell after CEO John De Meritt announced he was leaving the company by the end of the year. The 52-week low is $15.22
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Filed under: 24/7 Wall St. Wire, Market Roundups, Metals, Retail Tagged: AUQ, FRAN, ODP