Stocks are down Tuesday, with the Dow Jones Industrial Average down 0.10%, the Nasdaq down 0.26% and the S&p 500 down 0.13%. Tuesday’s big winners were an advertising company potentially looking to sell and a pharmaceutical company with strong results for a drug trial. Meanwhile, the big losers included an education firm downgraded by a prominent investment bank and a telecommunications giant issuing a profit warning.
Here are Tuesday’s biggest winners and losers.
Biggest Winners
Shares of Digital Generation (NASDAQ: DGIT) are up 26.54% to $12.16 on trading volume of 1.4 million shares. The advertising distributor on Monday announced it is looking into its strategic options, which could include a sale. The 52-week high is $31.50.
Shares of Anthera Pharmaceuticals (NASDAQ: ANTH) are up 21.05% to $1.61 on trading volume of 8.4 million shares. The drug maker on Monday announced strong results for its drug blisibimod. The 52-week high is $8.42.
Biggest Losers
Shares of New Oriental Education & Technology Group (NYSE: EDU) are down 27.90% to $16.05 on trading volume of 13.8 million shares. The stock received a downgrade from Robert W. Baird, from neutral to downgrade, based on predicted slowdowns in Chinese discretionary spending and a plateau in yuan growth. Before Tuesday, the company’s 52-week low was $20.61.
Shares of Alcatel-Lucent (NYSE: ALU) are down 17.55% to $1.13 on trading volume of 22.2 million shares. The telecommunications firm issued a profit warning for the second quarter due to weak demand in Europe. The firm expects an operating loss of about $49 million in the second quarter. Before Tuesday, the 52-week low was $1.36.
Samuel Weigley
Top Gaining Stocks
Top Losing Stocks