The Week’s Market Winners: Ebay, Nike, And More

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By Douglas A. McIntyre Published
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Visa gained over 14% during the week on news that “the Federal Reserve would increase its proposed cap on interchange fees charged to by large banks to merchants to process debit card purchases from 12 cents to 21 cents per transaction,” according to TheStreet.com Ebay (NASDAQ: EBAY), owner of PayPal, rallied as well.

First Solar (NASDAQ: FSLR) was higher by 13.5% “after the U.S. government said three of the company’s solar generation projects in California could qualify for up to $4.5 billion in conditional federal loan guarantees,” MarketWatch reports.

Nike (NYSE: NKE) rose on higher than expected earnings

Douglas A. McIntyre
S&P 500 TOP 10 LISTS

BIGGEST STOCK PRICE GAINERS

FOR WEEK, MONTH (JUNE) AND YEAR-TO-DATE AS OF JUNE 30

 

S&P 500 WEEK TOP 10

(24 JUN – 30 JUN)

Ticker Weekly Price Change (%) Close Price 30Jun11 Close Price 24Jun11 Market Cap ($Mil)
Visa, Inc. V

14.8

84.26

73.37

52745.0

eBay Inc. EBAY

13.8

32.27

28.35

36951.2

First Solar, Inc. FSLR

13.5

132.27

116.56

10238.5

FMC Technologies, Inc. FTI

12.6

44.79

39.77

9704.4

National Oilwell Varco, Inc. NOV

11.6

78.21

70.10

29606.9

Halliburton Company HAL

11.2

51.00

45.87

42447.5

Nike Inc. NKE

10.8

89.98

81.18

38067.9

AK Steel Holding Corporation AKS

10.8

15.76

14.22

1580.0

Valero Energy Corp. VLO

10.3

25.57

23.18

13782.9

United States Steel Corp. X

10.1

46.04

41.82

5989.4

Source: Capital IQ
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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