Today's Market Winners and Losers

Investing

Published: August 28, 2012 10:43 am

Last Updated: April 28, 2020 7:49 am

Stocks are up Tuesday, with the Dow Jones Industrial Average up 0.11%, the Nasdaq up 0.17% and the S&P 500 up 0.12%. Today’s winners include a company shedding core assets and another getting bought out by a rival firm. Meanwhile, today’s loser is selling a round of common stock at the end of the week.

Here are Tuesday’s market winners and loser.

Biggest Winners

Shares of SeaBright Holdings, Inc. (NYSE: SBX) are up 32.77% to $10.98 on trading volume of 3.9 million shares. The insurance company will be acquired by Enstar Group Limited (NASDAQ: ESGR) for $11.11 a share. Before Tuesday, the 52-week high was $9.55.

Shares of Lexmark International Inc. (NYSE: LXK) are up 17.20% to $22.28 on trading volume of 3.3 million shares. The company has announced it is looking to exit the inkjet printer business and plans to cut 1,700 jobs. The 52-week high is $38.34.

Biggest Loser

Shares of Catalyst Pharmaceutical Partners Inc. (NASDAQ: CPRX) are down 21.69% to $1.48 on trading volume of 3.2 million shares. The company is looking to raise an addition $6 million in a stock offering on Friday. The 52-week low is 50 cents.

Samuel Weigley

Follow him on Twitter: SWeigley

It’s Your Money, Your Future—Own It (sponsor)

Retirement can be daunting, but it doesn’t need to be.

Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.