The broader stock market is down slightly Wednesday, with the Dow Jones Industrial Average down 0.35%, the Nasdaq down 0.26% and the S&P 500 down 0.02%. Today’s winner was a telecommunications firm who won a contract for taxis in Washington D.C., while today’s losers include a company that missed earnings estimates and another one that announced it was likely to do just that.
Here are Wednesday’s biggest winner and losers.
Biggest Winner
Shares of VeriFone (NYSE: PAY) are up 9.43% to $34.93 on trading volume of 2.3 million shares. The company announced it has sealed an exclusive contract to provide installation and support services for the D.C. Taxicab Commission’s Taxicab Smart Meter System. The 52-week high is $55.89.
Biggest Losers
Shares of HHGregg (NYSE: HGG) are down 35.01% to $7.50 on trading volume of 1.9 million shares. The electronics retailed expects a wider loss than initially anticipated. The company now expects to lose $5.7 million to $6.2 million in the first quarter. Before Wednesday, the 52-week low was $8.88.
Shares of OCZ Technology (NASDAQ: OCZ) are down 18.53% to $4.44 on trading volume of 6.1 million shares. The company lost $6.2 million, or 17 cents a share, in the first quarter. Wall Street estimated the loss would total 12 cents a share, according to those polled by Thomson Reuters. The 52-week low is $4.14.
Samuel Weigley
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