Here are Tuesday’s market winners and losers.
Biggest Winners
Shares of US Home Systems Inc. (NASDAQ: USHS) are up 36.98% to $12.41 on trading volume of 3.8 million shares. The Home Depot Inc. (NYSE: HD) is buying the manufacturer for about $93.4 million, or $12.50 a share. The 52-week high is $14.81.
Shares of Fossil Inc. (NASDAQ: FOSL) are up 33.16% to $92.93 on trading volume of 3.6 million shares. The jewelry and leather goods maker predicted full-year profit of between $5.29 and $5.34 a share, better than the $5.27 Wall Street analysts were expecting. The 52-week high is $139.20.
Biggest Losers
Shares of NII Holdings Inc. (NASDAQ: NIHD) are down 26.30% to $5.95 on trading volume of 10.1 million shares. The wireless carrier cut its full-year revenue outlook by $1 billion due to fewer subscriber additions. Before Tuesday, the 52-week low was $6.56.
Shares of Leap Wireless International Inc. (NASDAQ: LEAP) are down 21.74% on trading volume of 4.7 million shares. Following disappointing earnings, the company was downgraded by Robert W. Baird and Hudson Square Research. Before Tuesday, the 52-week low was $4.68
Samuel Weigley
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